1612 Specialty Steel Service Center Long Established

IL

Seller Financing Available
1612 Specialty Steel Service Center Long Established
Contact Seller

Asking Price: $1,250,000

Cash Flow: $350,000

Gross Revenue: $3,500,000

EBITDA: $300,000

FF&E: $50,000

Inventory: $485,000*

Rent: $8,500 /Month

Established: 1978

*not included in asking price.

1612 Specialty Steel Service Center Long Established

Save Print Share Valuation Report

Business Description

1612 Specialty Steel Service Center Long Established

Long-tenured, profitable company providing specialty steel products for OEM's, foundries, mining, paper mills, and other industries. The business has proprietary registered trademark products, time-honored loyal customers, all the equipment needed, a great location in Illinois, skilled and experienced employees, and significant growth opportunities.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
11,700
Lease Expiration:
5/31/2023
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business premises includes a one-story production & office building, loading dock, overhead loading doors, ample parking, 3-phase 480-volt electrical, overhead crane, and a great location in Illinois.
Competition:
This company has IP - proprietary, registered trademark brands of alloy - as well as faster turn-around response, on-time delivery, and works with customers on specialty projects with all that set them apart from competition.
Growth & Expansion:
Significant growth and expansion upside opportunities exist - contact Broker.
Financing:
Consider with good offer & qualified buyer
Support & Training:
Seller will gladly execute a mutually acceptable transition and training support agreement.
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

Contact Seller Loading

Tim Bullard

Business Listed By:
Tim Bullard

VR Lakes Business Group, Inc.

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1689723 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Filta Environmental Kitchen Solutions

Franchise Opportunity In IL
Cash Required: $30,000