Structural And Ornamental Iron Works In Tennessee For Sale

Business description

The sales and cash flow are based on an average of the last three years. The sales have rapidly declined due to the owners’ health. However, someone with energy and industry knowledge can quickly grow the sales. The company, three years ago, had sales in excess of $1MM. This family owned, custom metal fabrication shop has the capabilities to fabricate, modify, or repair any metal item. They can do anything involving metal work from structural to ornamental iron works, custom railings, stairways to overhead walkways, but their focus has been in general contractors and larger steel companies that have a wide variety of steel projects. They have been in business for over 7 years and have an excellent reputation of integrity and quality work. Advertising is non-existent and most of the revenue is from repeat customers or invitations to bid. The business is for sale due to the owner’s health situation. However, he is available to work for the new owner.

Property information

Real Estate:

Real Property Included

Premises details:

3024 sq ft, $N/A

Business Operation

Reasons for selling:

Semi-retirement and health.

Trading hours:

Days: M-F, Hours: 8-4

Employees:

Full Time: 3

Years established:

9

Other information

Financing available:

Downpayment Required: $0

Furniture / Fixtures value:

$136,000 (included in the asking price)

Inventory / Stock value:

$8,000 (included in the asking price)