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Steel Wholesaler

Wholesale/DistributionFor Sale in NY

Listing ID: 741 | Broker Listing ID: BLP164953

Financial & Assets Details

$21,131,471
$650,000
$2,703,283
Yes
$6,300,000
30000+/-

About the Business

Business Description

Privately-owned metal distribution company located in NY serving architectural firms, structural engineers and the commercial market. During their 30+ years in business, they have earned an excellent reputation as a distributor of various high-quality steel products, including cold- and hot-rolled steel sheets, galvanized sheets, stainless steel, aluminum, and copper. They also provide custom cutting, sawing, slicing and bending services and offer both local and drop-ship delivery services.
Owning their own fleet of trucks and vans and carrying a large inventory allows the company to provide customers with timely deliveries. With a knowledgeable staff and notable connections within the community, the company is proud to provide their customers with quality products, excellent service and competitive prices. Boasting an extremely low turnover rate, the majority of their sales staff has been in the industry for 20-30 years, giving them a strong knowledge base from which to serve their clientele.
Metal Distribution company Revenues has grown significantly over the years and is currently primed for acquisition. Company has key management in place and owner will work with buyer to ensure a smooth transition.
Business would be a perfect for Strategic Buyer or Private Equity Group.
30,000 Ft Property Also Available for Sale with Business (Not Included in Price)

Location Details:

Facility is a light industrial zoned warehouse, on concrete slab. Total building size is approximately 31,426 square feet on a +/- 1.65 acre plot. With office totaling +/-2,000 square foot climate controlled office. 2 loading docks and 3 over head doors with power.

Reason for Selling:

Retirement

Listing ID: 741

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