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Asking Price:	$160,000 USD USA Dollars
Business for Sale Industry:	Manufacturing: Metal Products
Reason for Selling:	retiring
Year Established:	1948
# of Employees:	2
Yearly Revenues:	$228,000
Yearly Cash Flow:	$66,000
Yearly Net Profit:	$11,000

Business for Sale Overview:

This Custom Iron Work business has been in business for over 60 years with current owner managing for past 30 years. It is a small business with two full-time employee's doing fabrication and installation. Owner does all the design and customer interaction. Owner runs business off referrals and established past customers and has done no new outbound sales. This business could be scaled to the size you want with all the back-log work.

Property Features and Assets:

Property is suitable for fabricating wrought iron. Seller used to own the land and sold it off late in 2007. He has arrangement with new landlord to be rent-free until September 2009, not sure if its transferable.

Market Competition and Expansion:

Business is fairing well in a down construction economy. Most jobs are sold through developers and interior decorators of high-end homes in the millions of dollars. Seller claims to have enough work to keep him busy for 2008.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.