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Custom Metal Fabrication Shop - Palm Beach Florida


Located just 10 min to the wealthy & thriving area with with strong demand for Luxury metal work. A rare opportunity to acquire a thriving metal fabrication business with a strong foundation & limitless creative & growth potential. Established customer base and supplier relationship for a seamless transition. Providing Products to our Local Luxury Residential & Commercial Markets, such as Railings, Fencing, Gates Doors, Art work and numerous functional Items. Architectural, Light structural steel Custom fabrication, repairs & refinishing services.
Fully Equipped with Currently - $90k Equipment & Inventory - $120k in receivables -$112k in pending Proposals. Many more projects available for a Buyer who is Familiar in the Metal Industry and can take over Day to Day operations.
Our shop Just under 2000 sq ft with another 1500 +/- sq Ft (also fenced & gated) + 2 -40' containers for storage. The lease is $1525. per month W/ 48 months left on our lease.
Our base of operation covers High-end Coastal properties, Town of Palm Beach, Manalapan, Lantana, Gulf stream, North, Singer Island, Juno Beach Jupiter. Wellington. This is one of the most wealthiest areas in the United States, and is seeing tremendous growth !
. The Company’s Small Business Routines Are Handled by an In-House Computer System That Includes QuickBooks, Excel –Photo Shop and a very, Extensive CAD Design Library.
For more information, Please text me for a return call to discuss this opportunity .
Old Town Iron Shop Inc.

Ad#:2311007



Listed By: Omar Kettani

Background information

Reference:

2311007

Year established:

2021

Reason selling:

Vertigo -To ensure Old Town Iron Continues to thrive

Finance

Sales:

$268,263

EBITDA:

$120,000

Operations

Employees:

2.5

Equipment:

Included in asking price $90,000

Inventory:

Included in asking price

Premises

Facility:

1600 sq. ft. shop office warehouse Loft+ approx. 1500+ outside work/storage space W/Plenty of parking Shop is fenced, gated and Well lighted.- 4 years left on lease expires 2028 .Monthly Lease w/cam is $1480. per month Equipment includes - 5 miller welders, Tig/Heli arc, Wire feeder. Spool Guns, for welding, Aluminum, Steel Stainless, Steel & Brass - Piranha ironworker, pipe benders, Ercolino roller, Power Hammer, Forge, Saws, Compressors, Sandblaster, Yale forklift.

Rent and lease terms:

$1,480 per Month

Location:

West Palm Beach, FL

Opportunities

Growth:

The business generates consistent revenue, offering immediate returns on your investment. Old Town Iron is well-known in the community, with a loyal, high-value client base. Prime location and very affordable at only 1550 per mont-4yrs left on lease . Situated in a busy, affluent Area, There’s Plenty of room to expand services, or extend to nearby Manufacturing Markets, TARGET NEW INDUSTRIES - DIVERSIFY PRODUCT LINES to further boosting profitability.

Price and terms

Price:

$195,000

Financing:

CASH SALE -WILL CONSIDER ALL OPTIONS

Training:

I Will Train the buyer on operating machinery, Introduce to our subcontractors who perform services for us. Explain key fabrication techniques Share details of ongoing contracts, bookkeeping software guidelines for quoting jobs. Train on PROGE/CAD software, inventory systems, customer databases, designs, and other platforms. and digital files..