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Metal Distribution Business - 2MM Cash Flow For Sale

Not Disclosed, New Jersey, US
Asking Price:
$8,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$7,685,762
Cash Flow:
$2,045,963

Lender Pre-Qualified - Owner Retiring!

Profitable and Growing Metal Distribution Business! Revenue increased from 6.3MM in 2022 to 7.6MM in 2023

Cash flow in 2023 is 2MM. 2024 revenue and profit are both expected to increase.

Well-known in the industry for its quality and its ability to source hard-to-find specialty metals for custom projects. Current customers include general industrial manufacturers, metal fabricators, microwave manufacturers, & electronics manufacturers.

The company is in the business of distributing ferrous and nonferrous metal servicing the electrical, electron, and microwave industries. The company is ISO 9001-2015 certified. Their distribution of products includes a variety of metals including bronze and copper electronic waveguide tubing and raw materials including copper, brass, bronze, and aluminum. They can custom fit a specific spec including edging, slitting, cutting to length, and polishing.

Property Information

Real Estate:

Lease

Premises Details:

4,750 sq ft commercial space. The landlord is willing to offer a 10 yr. lease with a 10 yr. option.

Business Operation

Expansion Potential:

This a highly scalable business model. If a new owner would invest additional funds into internet advertising and solicit other industries not yet served.

Competition / Market:

Dedicated long-term client base.

Reasons for selling:

The owner will retire after 40 years in business.

Trading hours:

Monday-Friday 8am-5pm

Employees:
5 FT/1 PT
Years established:
41

Other Information

Support & training:

Will train for 3 weeks @ $0 cost.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$440K down/$3,500,000 over 48 mos. @ 8%/Other Financing.

Furniture / Fixtures value:
$9,207 - included in the asking price
Inventory / Stock value:
$417,443 - included in the asking price
Relocatable:
This business can be relocated.