NOT DISCLOSED, Minnesota
| Asking Price |
$400,000 |
Year Established |
|
|
| Annual Revenue |
$355,230 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Scott Hislop |
|
| Annual Cash Flow |
$123,081 |
Listing Number |
1011971 |
|
| # of Employees |
|
Business Category |
Manufacturing: Furniture, Fixtures Manufacturing |
|
Business Overview:
This company designs, fabricates, and installs custom metal railings for both residential and commercial projects. The work ranges from a single stairway railing at someone's home to large-scale railing systems for high-rise buildings in downtown Minneapolis. The business also takes on general metal fabrication and repair work, including walk-in jobs at the shop. Average project size runs around $20,000, and pricing falls between $190 and $300 per linear foot depending on the complexity of the railing.
Property Features and Assets:
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Market Competition and Expansion:
<p>The owners believe a 3 to 4 person team could roughly double the current workload. Right now, capacity is limited to what two people can produce. Hiring a fabricator and an office person would free up time and allow the business to take on more projects at once. The business has done very little formal marketing, so there is room to grow through trade shows, digital marketing, or outreach to engineering firms. A new owner could also choose to do fabrication only and skip the installation side of things if they preferred.<br><br>There are several ornamental iron shops in the metro, but this business handles measurement, fabrication, and installation all in-house. Contractors get one point of contact from bid to final install. Because the same team that builds the railing also installs it, they can ensure proper fit and long-term durability on every project. The shop is also equipped with specialized bending and rolling machines that allow for complex custom work, and the owners weld in TIG and MIG. Most of the work comes from repeat contractors.<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity