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Manufacturing business with custom product line and seller financing
| Asking Price: | $115,000 | Inventory: | $6,000 ++ |
| Gross Revenue: | $170,990 (comments below) | Real Estate: | n/a |
| Cash Flow: | $45,198 (comments below) | FF&E: | $18,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Revenues were $278k in 2008 | |||
| Cash Flow Comments: Cash flow was $91K in 2008 | |||
This established manufacturing business has the equipment, facility and customer network in place, providing a great foundation that the buyer can immediately start to build upon. The business has done minimal advertising and has catered to a small market segment providing standard and custom ornamental iron products such as gates, railings, fences, brackets, doors and fire screens. The vast majority of orders are from a small number of the Austin area custom builders leaving a large opportunity to expand the customer base and/or develop a standard product line that could be sold via local retailers and over the internet via the business’s established website
About the Business
Year Established:1999
Facilities:The free standing facility is well suited for the current use and includes approximately 2500 square feet of warehouse, 1200 square feet of covered carport and ¼ acre of land. The facility has approximately 2150 square feet of shop space, 350 sq ft of office (rest room, customer area and small office area) and has some raised storage space. The building is easily accessible, has convenient parking and ample room for expansion. The facility is owned by the sellers who will offer the buyer a reasonable length lease at the rate of $1,500 per month.
Market Outlook and Competition:There are challenges with the current housing market, but the products lend themselves to remodeling and a much larger geographical area can be served.
The business can expand the current product line and/or geographical area served.
About the Sale
Management Training and Support:Seller will provide a reasonable amount of training
Reason For Selling:Seller has other business
Seller Financing:Yes, seller financing is available
KEYWORDS: Welding, metalworking, manufacturing, gates, railings, fences.
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Current Search
Industry: Manufacturing
Segment: Furniture Manufacturing Next Listing: EL010 -North East-£525,000-Independent Timber Merchants including Manufacturing Shop with all Machin
Last Viewed: Upscale Bagel Store on Main Road
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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