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Sold – Listing Number: 30781 – Construction – Special Trade Contracting

 

Business Info
Listing Number:  30781

Type of Business: Construction – Special Trade Contracting

Region: Southwest

State: OK

Description Summary: Ornamental Iron Fabrication Shop

Description: This business was established 40 years ago. It fabricates and installs iron structures for the apartment construction industry as well as custom ironwork for local end users. It has a backlog in excess of $1 Million and is turning work away. An energetic new owner could greatly expand this business with the addition of new employees or through outsourcing. The customer base is national in scope. Included in the inventory is work in process of $130,000. This business may be relocated with minimum disruption. The owner is willing finance a portion of the sale This business has been pre qualified for an SBA Loan. Qualified Buyers should be able to purchase the business with the indicated down payment.

Furniture, Fixtures
& Equipment
$37,300 Asking Price $510,000
Vehicles and/or rolling
stock:
$86,000 Down Payment: $105,000
Inventory $139,000
Accounts Receivable (if
included)
$10,000 Annual Sales Volume $650,000
Land & Building (if
included)
$0 Cash Flow $160,000
Other Assets $0
Current Liabilities to
be assumed
$10,000 Current Notes to be
assumed
$79,500
  

Contact Info

CF Alexander & Associates, LLC

Phone: 405-330-0029    Fax: 405-341-8554

URL: http://www.okbizbrokers.comMain Contact: Chuck Alexander, Owner

Phone: 405-330-0029

Email: chuck@okbizbrokers.com