Steel Distributor - 40+ Years in Business For Sale

Phoenix, AZ
Maricopa County


Asking Price: Annual Revenue:
$3,850,000 $4,867,257

Wholesale/Distribution: Durable Goods


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RE: Steel Distributor - 40+ Years in Business For Sale Broker: Brian Bond

Quick Facts

Asking Price: $3,850,000
Annual Revenue: $4,867,257
Net Profit: Not Disclosed
Cash Flow: $719,606
Total Debt: Not Disclosed
FF&E: $435,000
Real Estate: Not Disclosed
Year Established: 1979
Employees: 15
BBN Listing #: 932646649
Broker Reference #: Not Disclosed

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Business Overview:

This multi-location steel and distribution business has been a pillar in the Arizona market for over 40 years. The company specializes in providing steel, steel hardware, and basic iron working services (steel cutting and sheering) to a large roster of both retail and wholesale customers.

The business has differentiated itself over the years based on customer service, inventory levels, and inventory selection for its customers – ranging from do-it-yourselfers to multi-national corporations. Additionally, the Company operates with highly skilled, trained, and tenured employees that work at both company locations.

In 2017 the company grossed $3,617,844. 2018 revenues increased to $4,217,430, and 2019 continues to trend positively with annualized revenues of $4,867,257. The current represented revenue and cash flow are based on an annualized period of October – June with the fiscal ending in September.

There is plenty of additional capacity in place to service long term growth plans and over $400,000 of equipment included in the asking price. The seller is looking to retire and will sign a non-compete agreement as well as help train and transition new ownership.


PROOF OF FUNDS ARE REQUIRED PRIOR TO ANY BUSINESS INFORMATION BEING RELEASED.

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Market Competition and Expansion:

This business has plenty of room for growth.

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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