37608-Specialize in a wide variety of Metal-related Services as in Pro

TX

Seller Financing Available
37608-Specialize in a wide variety of Metal-related Services as in Pro
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Asking Price: $2,850,000

Cash Flow: $566,000

Gross Revenue: $2,507,400

EBITDA: $628,361

FF&E: $110,907

Inventory: $369,000

Established: 2014

37608-Specialize in a wide variety of Metal-related Services as in Pro

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Business Description

Located in the Gulf Coast region of Texas, the company is a franchise metals distributor/service center specializing in high quality/small quantity, structural, prefabricated metal products for industrial, commercial and residential consumers. The company’s primary products include Aluminum, Steel, Stainless Steel and Red Metals, which comes in a variety of shapes, grades and types. In addition, the company’s value-added services include cutting, shearing, welding, punching as well as delivery. Backed by a strong local reputation, company has skilled personnel of 10 nonunion employees with industry experience operate from an 11,000 sq. ft. leased warehouse, neither of which are fully utilized and available for growth. 2018 revenue was $2,507,400 with SDE of $566,000. 2019 is projected to realize $3,000,000 in revenue and SDE of $687,000.

Detailed Information

Inventory:
Included in asking price
Employees:
10 nonunion
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
3 to 6 months
Reason for Selling:
Approaching retirement
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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