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Business for Sale Overview:

Founded over 60 years ago, this Mid Atlantic based company is a full line steel and aluminum service center and heavy hardware, construction, and industrial supply provider, serving the commercial and residential construction related industries. Along with supplying standard steel and aluminum in all forms and shapes, the Company also offers limited metal processing and fabrication work. It is the only relatively large steel service center located in the metropolitan area it serves. Sales are comprised of approximately 70% steel, 15% aluminum, and 15% hardware. Target market includes: builders and general contractors, sub contractors, Federal, State, and County governments, welders and iron shops, mechanical HVAC contractors, as well as the general public. Customers have the option of pickup or prompt delivery service for any size order. Large stock of metal and hardware products; 100% of inventory is considered ‘good’. Low customer and supplier concentration risk. Employs a non unionized staff of 17 employees. The average tenure of the staff, excluding the owners, is 18 years. Identifiable growth opportunities, such as aggressive marketing and sales efforts, diversifying customer base, adding more value added fabrication services, and acquisitions of similar businesses in the region. Favorable growth trend in region. Local area is forecasted to grow 45.2% from the years 2000 to 2030.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.