Sold – Listing Number: 30781 – Construction – Special Trade Contracting
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| 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. |
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Furniture, Fixtures
& Equipment |
$37,300 |
Asking Price |
$510,000 |
Vehicles and/or rolling
stock: |
$86,000 |
Down Payment: |
$105,000 |
| Inventory |
$139,000 |
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Accounts Receivable (if
included) |
$10,000 |
Annual Sales Volume |
$650,000 |
Land & Building (if
included) |
$0 |
Cash Flow |
$160,000 |
| Other Assets |
$0 |
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Current Liabilities to
be assumed |
$10,000 |
Current Notes to be
assumed |
$79,500 |
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