Metals Distributor – High Point

High Point, NC
Randolph County

Asking Price: Annual Revenue:
$1,495,000 $1,178,016

Manufacturing: Metal Products

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RE: Metals Distributor – High Point Broker: Tim Martin

Quick Facts

Asking Price: $1,495,000
Annual Revenue: $1,178,016
Net Profit: Not Disclosed
Cash Flow: $247,808
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $625,000
Year Established: 2003
Employees: 4
BBN Listing #: 549127526
Broker Reference #: Not Disclosed

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Business Overview:

This is a great opportunity to purchase a well established metals distributor in the Triad area of NC. The company has been in business for 12 years and has maintained an excellent reputation in its marketplace. The company is a small order metal supplier specializing in aluminum, carbon steel and stainless steel and does some production of its products. The business is well established, it is a turnkey operation, it has reliable and experienced employees, a great reputation and it is a well known brand in the market.

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Property Features and Assets:

The company's facility was recently renovated in 2014 and is comprised of 46,000 square feet of space. The real estate has been appraised, prior to the recent renovations, at $575,000.

Market Competition and Expansion:

Growth/Expansion: The fabrication side of the business could be increased by both utilizing existing equipment, as well as through additional equipment with additional capabilities. Industry analysts project that the US metals market will grow at an average annual rate of 4.4% over the next 5. Also, the current owner has not done much marketing and a new owner could be able to increase revenue and cash flow through the initiation of a marketing program.

Additional Details:

  • The property is owned.
  • The owner is not 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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