Tag: gates

Manufacturer of fabricated automatic gates. Also, ornamental iron gates, access gates, repairs and wood fences.  Most work is repeat customers and word of mouth.  Very little advertising.  Cost of goods (steel and wood) is approximately 50% of sales.  The labor is contract and in the cost of goods sold.  Del Lingco sold another unrelated business for this Seller in 2004.  He proposes to lease the real estate to the new owner for $600 per month or the business can be moved.  A low overhead profitable business.  Priced to sell fast. No occupancy expense is deducted.