Gilroy Metal Sales

Gilroy, CA
Santa Clara County

3.25 acres leased


Asking Price: Annual Revenue:
$650,000 $1,741,589

Wholesale/Distribution: Durable Goods


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RE: Gilroy Metal Sales Broker: Michael Floorman
License #: 01160661

Quick Facts

Asking Price: $650,000
Annual Revenue: $1,741,589
Net Profit: $303,612
Cash Flow: $303,612
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1981
Employees: 5
BBN Listing #: 2073931
Broker Reference #: 10530

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Business Overview:

This company has been a metals sales business since 1981 to both wholesale and retail individuals, contractors, construction companies, and farm and ranch operations. They sell structural steel tubes and beams, metal plates, sheet metal, metal roofing, aluminum, and stainless steel cut to order. The lease is MTM for 3.25 acres including outbuildings and storage sheds. The landlord will offer a new tenant a five-year lease with five-year option rates and terms to be negotiated. $200,000 in inventory is included BTI 10530

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Property Features and Assets:

The current lease is month to month, a new lease is available, Rent $3,925. Hours Monday thru Friday from 8 am to 4:30 pm.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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