- Listing ID: 859629
- (Seller ref: 0704000901)
Cold Rolled Steel Processor Business For Sale
Under Offer
- Location:
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Summary
- Asking price:
- $1,580,000
- Sales revenue:
- $4,120,000
- Cash flow:
- $500k < 2.5m
Business description
Cold rolled steel processor of plain and ribbed steel bars. Production capacity of approximately 12,000 tons a year (15,000 in 2010). The Company serves a niche segment that is underserved by major companies. The Company is seeking a majority sale in a recapitalization transaction to a strategic investor who can secure better terms in a bank working capital facility.
- Free zone company with excellent infrastructure, low rent, and tariff exemptions and expansion capacity.
- Strong management team with 30 years experience will retain interest in the Company.
- Profitable niche market business plan offers natural growth path to mesh production and other value-added steel businesses.
- Market environment is improving with return to capacity production in second half of 2009.
- 30%+ potential ROE in 2010 based on capacity expansion and current prices (2009 shown)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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related resources
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