STEEL DISTRIBUTOR – 40+ YEARS IN BUSINESS FOR SALE
Price: $2,250,000
Location: PHOENIX
Industry: DISTRIBUTION / MANUFACTURING
Listing Description
This multi-location steel and distribution business has been a pillar in the Arizona construction industry for over 40 years.
The company specializes in providing steel, steel hardware, and basic iron working services (steel cutting and sheering) to a large roster of both retail and wholesale customers.
The business has differentiated itself over the years based on customer service, inventory levels, and inventory selection for its customers – ranging from do-it-yourselfers to multi-national corporations.
15 W-2 highly skilled, trained, and tenured employees work at the businesses two locations (10 Full Time and 5 Part Time).
There is plenty of additional capacity in place to service long term growth plans (yard and equipment capacity) and over $400,000 of equipment is included in the asking price.
The seller is looking to retire and will sign a non-compete agreement as well as help train and transition new ownership.
Listing Details
Asking Price: $2,250,000
Gross Income: $3,617,844
Down Payment: $2,250,000
Cash Flow: $843,207
FFE: $400,585 (Included in Price)
Inventory: $1,200,000
Reason For Sale:Retirement
Training & Support:The seller is willing to train, the time frame is negotiable
Operation
Year Established: 40+
Days & Hours of Operation: Monday - Friday
Employees: 15
Location
General Location: PHOENIX