Seller's Contact Information
- RE: Specialty Metal Distribution
- Contact: Brandon Lanza
- License #: 01252257
Quick Facts
Asking Price: | $0 | |
Annual Revenue: | $12,075,193 | |
Net Profit: | $1 | |
Cash Flow: | $2,037,623 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1974 | |
Employees: | 24 | |
BBN Listing #: | 733725018 | |
Broker Reference #: | Not Disclosed |
Business Overview:
For nearly 50 years, Project SMD has served as a premier distributor of exotic specialty metals for the defense, medical, aerospace, and satellite industries. Over the last 4 years, the business has seen steady growth in both their topline sales and profitability, servicing a diverse international client base who require niche specifications from their metals. Their reliability in both delivery, with their JIT service programs, and product quality have established them a name in an industry where these elements are of crucial importance. The company is an attractive business/investment opportunity as its focus on niche specialty metals, expertise, and certifications, allows them to have a significant amount of pricing power, separating them from the volatility associated with some of the more common metals.
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Property Features and Assets:
At 28,500 square feet, the property is leased from an affiliated party and provides the company with an important footprint in North America. The current rent is NNN at $1.202/square feet monthly subject to CPI increases. The term of the current lease is through March 2024. The company operates only 1 shift, 5 days per week, and has room for capacity.
Reason for Selling:
Diversifying Assets.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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