27 Sep Steel Wholesaler
Location: New York, United States
Industry: Construction, Metal Wholesaler
Listing ID: 741
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.
30,000 Sq. Ft Property Also Available for Sale with Business (Not Included in Price)
Accounts Receivable: $2,242,316
FFE: $650,000 (Included in Price)
Inventory: $1,874,913 (Included in Price)
Real Estate:$6,300,000 (Not Included in Price)
Reason For Sale:
Training & Support:
Owner will work with buyer to ensure a smooth transition.
Owner Hours Per Week: 50
Type of Location: Industrial Building with loading docks
Square Footage: 30000
Property Also Available for Sale with Business - $6.3 M
Increase Warehouse Capacity.
Promote Drop-shipping Nationwide.
3rd Party Financing Provided to Qualified Buyer.
Contact Broker for details