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For Sale: Metal Supply Company - Profitable, Reliable - Southern , California

$6,200,000.00

Asking Price

  • Status: Active

  • Posting ID: 283282

  • 11/15/23

Southern  Metal Supply Company - Profitable, Reliable Business For Sale

Description

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, it attracts 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. ft building that sits on 2.2 acres, all of which are paved and usable. The owner is looking to retire.

Asset information:

  • Inventory: $1,000,000
  • Equipment/fixtures: $400,000

Additional information:

  • Training: 30 days
  • Reason for selling: retirement

 

Contact the listing agent for more information.

To get more information about this Metal Supply Company - Profitable, Reliable business for sale in Southern please phone Dylan McGrath (Broker - BRE License #:1790467) at 760-780-9204 and 619-455-2925 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #283282 on BizBen.com. In addition to phoning Dylan McGrath, make sure you email Dylan McGrath above to get more info about this Metal Supply Company - Profitable, Reliable, to ask any questions or request an appointment to see this business for sale. Thank you. License # 1790467. SD Business Advisors.

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Contact

  1. Name: Dylan McGrath
  2. phone iconPhone: 760-780-9204
  3. phone iconPhone: 619-455-2925

Details

  1. Asking Price: $6,200,000.00

  2. Down: Call/Email

  3. Cash Flow: $1,211,382.00

  4. Revenue:    $8,405,796.00

  1. Area: Southern

  2. City: None Given

  1. Attributes:

    Broker CooperationTraining & SupportReal Estate Available

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Related Links & Information Regarding This Posting

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