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Metal Fabrication Company

Chicago, Illinois

Asking Price: Gross: Cash Flow:
$620,000 $362,000 $213,501

Furniture and Fixtures Value:
$100,000 (included in the asking price)

Inventory Value:
$30,000 (included in the asking price)

Business Summary:
This Chicago metal fabrication company was purchased from the father of a partner in 1988. The business’s history is long. They work with Stainless steel predominately and have a number of long-term continuing customers.The business has grown for the last three years without any selling on the owners’ part. Without a website, their marketing effort is picking up the phone with customers on the other end wanting to place an order.The facility at one time had seven employees and has the space and equipment to support such, but today the owners’ each work only 20 hours per week. They will stay around and support a new owner and help with financing for the right buyer. This is a great opportunity for someone with metal working experience and a desire to sell the products and market the business.The property would be available to purchase or lease.For more information contact Bill Augustine, Sunbelt Business Advisors at 847-605-1510 ext. 234 or email [email protected]

 
   
   
Year Business was Established: 1917
   
Owner willing to train: Yes  
   
Reason for selling: Retirement  
 

 

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