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Profitable And Growing Metal Distribution Business For Sale

Not Disclosed, New Jersey, US
Asking Price:
$5,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$6,342,042
Cash Flow:
$1,324,581

Lender Pre-Qualified - Buy Now with only $585K Down. Profitable and Growing Metal distribution business! Revenue from 2021 to 2022 increased 32% to 6,342,042MM with an EBITDA of 1,175,291MM. Revenue is projected to increase approximately 10% in 2023. There is a scalable business model in place with an excellent foundation of loyal customers.

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:
40

Other Information

Support & training:

Will train for 3 weeks @ $0 cost.

Financing available:

Lender pre-screened with $585K down.

Furniture / Fixtures value:
$45,618 - included in the asking price
Inventory / Stock value:
$264,511 - included in the asking price
Relocatable:
This business can be relocated.