Business For Sale

Steel Distribution South West Sound

Not Disclosed, WA
Grays Harbor County


Asking Price: Annual Revenue:
$1,200,000 $3,649,998

Wholesale/Distribution: Durable Goods


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RE: Steel Distribution South West Sound Broker: Wes Martin
Owner Financing is Available!
Seller will provide a transition and training as required by the buyer.

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $3,649,998
Net Profit: Not Disclosed
Cash Flow: $434,777
Total Debt: Not Disclosed
FF&E: $800,000
Real Estate: Not Disclosed
Year Established: 1924
Employees: 7
BBN Listing #: 270132903
Broker Reference #: Not Disclosed

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Business Overview:

For nearly a hundred years this company has provided quality steel and steel related products to a large variety of clients located throughout the Puget Sound region. Located near a port, this business has an incredibly favorable, long term land lease and unique building designed especially to service the steel industry. The company has developed long term client relationships through the years and has a loyal following. The seller believes this is due to their reliability, quality of products, regular delivery and willingness to search out and outsource specific products at a client's request. While this company has an excellent employee structure with talented and dedicated workers, it is also a hands on business from the purchasing and accounting side-which the seller handles. This could be an excellent opportunity for an ambitious buyer with industry experience or as a bolt on opportunity to a company operating in the same or adjacent space. If you would like details on this opportunity, contact us today and be prepared to submit an NDA and background information.

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Property Features and Assets:

The company operates out of a twenty three thousand square foot building (included in the purchase price but the land is not but has a long term land lease) on a 1.7 acre lot. The facilities have overhead cranes and tall overhead doors at both ends for pull through deliveries. Easy port access as well.

Market Competition and Expansion:

Most competitors are larger firms located in metro areas such as Seattle, Tacoma, and Portland. Some are divisions of public companies. The seller's focus has always been to provide high quality for a fair price. They have regular delivery schedules and have built loyal client relationships through reliability and service. Nearly a hundred years of heritage is built into the seller's brand. Growth could be had through adding products that customers regularly purchase. Extending delivery areas and more aggressive pricing could also be options as well.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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