Metal Distribution Company – Under LOI August 2022

Metal Distribution Company – Under LOI August 2022

Location: New York, United States

Industry: Construction, Metal Distributor

Listing ID: 741

View One Page Summary

Now accepting Bids –

 

~OPEN FOR BID~

Privately-owned metal distribution company located in NY serving architectural firms, structural engineers and the commercial market. During their 30+ years in business, they have earned an excellent reputation as a distributor of various high-quality steel products, including cold- and hot-rolled steel sheets, galvanized sheets, stainless steel, aluminum, and copper.  They also provide custom cutting, sawing, slicing and bending services and offer both local and drop-ship delivery services.

Owning their own fleet of trucks and vans and carrying a large inventory allows the company to provide customers with timely deliveries. With a knowledgeable staff and notable connections within the community, the company is proud to provide their customers with quality products, excellent service and competitive prices.

Boasting an extremely low turnover rate, the majority of their sales staff has been in the industry for 20-30 years, giving them a strong knowledge base from which to serve their clientele.

Metal Distribution company Revenues has grown significantly over the years and is currently primed for acquisition.

Company has key management in place and owner will work with buyer to ensure a smooth transition.

Business would be a perfect for Strategic Buyer or Private Equity Group

Optional: 30,000 Sq. Ft. Property Also Available for Sale with Business

Weighted EBIDTA for 2021 is $4,847,676.00

Listing Details

Revenue: $24,511,236

EBITDA: $5,941,633

Accounts Receivable: $2,495,153

FFE: $650,000 (Included in Price)

Inventory: $3,205,757

Reason For Sale:

Retirement

Training & Support:

Owner will work with buyer to ensure a smooth transition.

Operation

Owner Hours Per Week: 50

Employees: 23

Managers: 1

Location

Type of Location: Industrial Building with loading docks

Square Footage: 30000

Facilities Information:

Property Also Available for Sale with Business

Summary

Potential Growth:

Increase Warehouse Capacity.

Promote Drop-shipping Nationwide.

Financing/Terms:

3rd Party Financing Provided to Qualified Buyer.
Contact Broker for details

Kyle Griffith

kyle@thenybbgroup.com
631-390-9650 xt. 101
Address:
The NYBB Group
25 Melville Park Road Suite 105-82 Melville, NY 11747

Fill Out Our NDA

  • Hidden

Memberships