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- RE: Value Added Steel Distributor
- Contact: Not Disclosed
Quick Facts
Asking Price: | $1,650,000 | |
Annual Revenue: | $2,692,197 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $26,796 | |
Total Debt: | Not Disclosed | |
FF&E: | $270,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 938534 | |
Broker Reference #: | 3N1164 |
Business Overview:
Local value-added steel distributorship for sale. Provides sawing, plate cutting, metal finishing, etc. to prepare product per customer specifications. Carries substantial inventory to provide for immediate customer needs. Also has staff drivers for local delivery.
Due to health considerations, the business is being sold at a small premium over asset value. The owner is willing to provide a reasonable transition period for the new owners.
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Property Features and Assets:
Value added distributor of steel products. Extensive 50+ year history. Transaction priced at small premium over asset value. Assets include substantial inventory along with select working capital and fixed assets. Preference to also sell real estate for $1,700,000.
Market Competition and Expansion:
Expand beyond local territory. Hire sales and marketing personnel. Expand value added services and product offerings.
Reason for Selling:
Health Considerations
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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