71240- Wholesale Distributor of Precision Metal Products
For Sale in NH
Financial & Assets Details
About the Business
Business Description
The southeast New Hampshire based company is a leading wholesale distributor, offering high-quality raw metal products and services to precision machining & metal fabrication shops. The company provides outside processes including testing, heat- treatment, grinding and polishing. It is also an authorized Alimex distributor. The company’s products and services primarily serve the aerospace/defense, medical, automotive and oil & gas industries. Some of the top selling products include stainless steel products, aircraft alloys, nickel alloys, copper bronze and brass and carbon steel for structural applications. The owners believe the company’s channels of distribution and customer base represent significant growth opportunities for a strategic buyer. The company operates from a 3,000-square foot facility, which it leases from third party. In 2015, the company generated $684K in revenue with adjusted EBITDA of $64k. Gross Profit margins 30-38% expected with $700k+ revenue in 2017.
Excellent growth opportunities by going direct to consumers - 3k square foot facility, containing office space, storage and a service area - Includes $100K-115K of equipment/vehicles & $15K of inventory - $215 billion Metals Distribution Industry - New industry specific software infrastructure - Website recently updated and optimized - Service radius of 100 miles - Owner willing to remain during transition - Revenues could triple with investment.
