This well-established metal supply company takes pride in offering swift, friendly, and reliable same or next day delivery services. Operating in an industry known to thrive even during economic downturns, the business has maintained its high-visibility location at the intersection of major freeways for over 25 years. With its comprehensive inventory of various metal types, they attract a diverse clientele that offers a significant amount of repeat business. Their customers span multiple sectors, including military, construction, solar, agriculture, floral, food industries, school districts, water districts, theme parks and casinos. They also cater to significant players in marine shipbuilding and repair, rail, and fencing. In essence, their customers are in a perpetual state of repair, ensuring a constant demand for materials. They have experienced a healthy revenue trend over the past few years (2020=$6.1M, 2021=$7.9M, 2022=$8.4M). With a dedicated team of 16 long-standing employees, the business operates efficiently with minimal owner involvement. The seller owns the real estate, which consists of a 21,700 sq’ building that sits on 2.2 acres, all of which is paved and usable. The owner is looking to retire. Email sales advisor, Dylan McGrath, for more information
- Asking Price:
- $6,200,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $8,405,796
- Cash Flow:
- $1,211,382
Property Information
- Real Estate:
-
Lease
- Size in square feet:
- 21,700
Business Operation
- Reasons for selling:
-
Retirement
- Employees:
- 16
- Years established:
- 1969
Other Information
- Support & training:
-
30 days
- Furniture / Fixtures value:
- $400,000 - included in the asking price
- Inventory / Stock value:
- $1,000,000 - included in the asking price