Hot Listing

Distribution & Manufacturing of Quality Metal Products! (37980)

Asking Price$425,000

Cash Flow
$115,000

EBITDA$79,987

Gross Revenue$2,404,302

Inventory$50,000
Included in asking price
FF&E$150,000
Included in asking price
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Hot Listing

Distribution & Manufacturing of Quality Metal Products! (37980)


Asking Price$425,000

Cash Flow
$115,000

EBITDA$79,987

Gross Revenue$2,404,302

Inventory$50,000
Included in asking price
FF&E$150,000
Included in asking price

Seller Financing Available
Business Description
This business located in the New York Metroplex provides distribution, manufacturing and installation of custom metal products for specialized projects that are partnered with professional designers, architects and contractors. With over 15 years of experience working with carbon, aluminum and stainless-steel fabrication for commercial applications, the company’s services revolve around residential kitchens and bathrooms as well as storefronts, restaurants & bars. Currently leased at $4,200 per month or $50,400 annually, this workplace is a 5,000-square-foot facility in excellent condition that includes a 4,500-square-foot warehouse & production space and a 500-square-foot office area. With a skilled team of 28 nonunion employees plus 20+ extra workers and 1099 contractors, the seller is open to standard transitioning or an extended compensated role with the right buyer as operations continue post-sale. The company is being offered debt-free at the time of purchase with gross sales in '24 of almost $3 million. Positive client ratings & reputations have solidified an ongoing command in the market with a diversified range of offered services such as measuring and templating to various projects like building facades and glass work. An active website and social media site maximize referrals from a large and repeat customer base, with potential in capital investment. The company is flourishing to new levels, call IAG today!
About the Business
Years in Operation
19
Number of Employees
28
Facilities & Assets
Can also hold a tenancy of $50,400 annually. Personnel also includes 20 seasonal hires & 1099 contractors.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,000
Rent
$4,200.00 per month
About the Sale
Seller Motivation
Pursuing other interests.
Transition Support
Owner is open to a standard transitioning or an extended compensated role as operations continue.
Financing Options
Standard SBA-term financing will be negotiable for qualified buyers.
Listing Info
ID
2170608
Listing Views
2560

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Listing ID: 2170608 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.