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Distributor and Manufacturer of Processed Metals

For Sale in Dallas, TX

Listing ID: RET1158 | Broker Listing ID:

Financial & Assets Details

$4,985,000
$505,000

About the Business

Business Description

The Company is a distributor of processed metals. The Company also has the capabilities to cut materials in-house.

Key aspects
· In-house metal cutting capabilities
· Large selection of on-hand products
· Strong customer relationships
· Young business practice with experienced employees
· Excellent reputation in the market place
· 60% repeat business rate

Growth & Expansion

Opportunities
· Purchase additional processing equipment and Company vehicles
· Explore aluminum plate and flat rolled market opportunities
· Hire sales representatives to increase current market share
· Diversify portfolio to include other industries

Market Competition:

Current markets
· The Company currently services manufacturing and machines shops in Texas, Louisiana, and Oklahoma.

Shareholder/owner objectives
· Owners are open to various deal structures, but are looking for an eventual exit. They are willing to remain on board for a transition period of up to three years after the sale. In the interim, they will continue to grow the Company to its fullest potential.

Location Details:

Headquartered
· Dallas, Texas

Real estate
· The Company leases a 15,000 square foot property from an unrelated third party. The premises includes office and warehouse space. There is room for expansion and the lease is negotiable after the sale.

Listing ID: RET1158