Price: $199,000
Location: Los Angeles County
Industry: Metal Products
Listing ID: 01985345JR
Listing Status: New
Listing ID - 01985345JR
This long-standing wrought iron shop has been operating for 37 years, building a loyal customer base through repeat business.
With the current owner seeking to retire, this business is now available for sale.
The shop is fully equipped with all the necessary tools and equipment to provide quick, efficient, and professional services, and boasts many positive reviews.
Specializing in custom ornamental gates, fences, stairs, handrails, and more, the shop also receives many requests for repairs that require welding and painting, as well as fabrication of parts.
The business requires a C23 Ornamental Metal Contractor's license, and has a monthly overhead of $4,000 for payroll, $2,000 for rent, $100 for electricity, $110 for insurance, $100 for phone and internet, and $1,000 for supplies.
This is a fantastic turn-key opportunity that is ready for a new owner to take over and continue its success.
Contact us today to schedule a tour and learn more about this established wrought iron shop.
Down Payment: $199,000
Total Sales: N/A
Cash Flow: N/A
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $200,000
FFE Included: Yes
Inventory: $40,000
Inventory Included: No
Year Established: 1986
Days & Hours of Operation: 5 Days (Mon to Fri - 8am to 5pm) / (Sat: By Appointment Only)
Owner Hours Per Week: Full Time
Non-Owner Payroll: N/A
Employees: 1
Absentee Owner: No
Lease Option: New Lease Available
Real Estate: N/A
Monthly Rent: $2,000
Type of Location: Industrial
Square Footage: 1000
Reason For Sale: Retiring
