Steel servicing center and supplier.

Allegan County, MI

Steel servicing center and supplier.
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Asking Price: $400,000

Cash Flow: N/A

Gross Revenue: $535,000

EBITDA: N/A

FF&E: $200,000

Inventory: $30,000

Rent: $3,000 /Month

Established: 1993

Steel servicing center and supplier.

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Business Description

The company provides a variety of services to manufactures and other service centers. These services range from steel slitting where by large rolls of steel or cut to small widths for manufactures to use in the stamping process. Also steel straightening forming and cutting are routine services offered.
The company can reduce thickness of steel , and also can do edgeing , decambering ,and deburing.

Detailed Information

Location:
Allegan County, MI
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,000
Lease Expiration:
N/A
Employees:
6FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The owner leases 7000 sq ft and has 2 yrs left on the lease .
Competition:
The company is unique in the area because it has greater capabilities due to the type of equipment that it has. It is capable of doing functions that steel servicing companies do not perform or don't want to.. One of those is narrow strip slitting which this company is very proficient at.
Growth & Expansion:
There is no internet business web site and it is believed a presence there would help with sales. The company does not employ any salesman either. It is believed that adding salesman would increase sales. Seller states that there is a large number of possible new customers in the geographic area that he could service. Particularly if he chose to commit resources to having inventory on hand to purchase. Currently the company only performs it services on other peoples material.
Financing:
Some possible for qualified buyer
Support & Training:
Seller will provide sufficient training and support to insure smooth transition.
Reason for Selling:
retirement
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Jack Snyder

Business Listed By:
Jack Snyder

Snyder Partners inc

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