Business For Sale

Steel Supply company with long history

Not Disclosed, LA
Orleans Parish

Asking Price: Annual Revenue:
$1,000,000 $3,500,000

Services: Construction, Contractors

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RE: Steel Supply company with long history Broker: David D Kellenberger

Quick Facts

Asking Price: $1,000,000
Annual Revenue: $3,500,000
Net Profit: $250,000
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: $380,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 8
BBN Listing #: 428029905
Broker Reference #: Steel

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Business Overview:

This South Louisiana steel supply and service business has been serving customers for decades with great customer service and products. Some proprietary value added items in addition to the line of pipe, beams, plates, expanded metal, etc. Price includes large amount of inventory of around $500,000 and all the ff&e and delivery fleet.

Very experienced staff can continue to operate the business and all folks and equipment are in place when sales rebound from current depressed levels back to the $7 mil+ prior to the oil and economic drop in 2015.

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Property Features and Assets:

Beautiful 20,000 square feet + building with crane on several acres located in heavy industrial district surrounded by customers.

Market Competition and Expansion:

Superior reputation to the local competition. They sell in a 50-100 mile radius in S. Louisiana to the ship building, oil & gas, and construction industries.

Reason for Selling:

Death in family.

Additional Details:

  • The property is owned.
  • 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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