Hot Listing
Red Metals Supply Company
Business Description
With a comprehensive suite of onsite fabrication, polishing, and grinding services, coupled with top-notch quality control measures, this well established Red Metals Supply operation ensures product integrity from inception to completion. Leveraging innovative technologies such as water jet cutting and plate surfacing, they offer an array of services including photo-engraving, CNC milling, pantograph, and hand modeling, specializing particularly in copper alloy. Known as a worldwide distributor of
brass and copper plates, the Company's products command recognition in both domestic and international markets.
brass and copper plates, the Company's products command recognition in both domestic and international markets.
About the Business
- Years in Operation
- 61
- Number of Employees
- 10
- Facilities & Assets
- Currently, the company leases a state-of-the-art facility comprising approximately 18,000 square feet of gross building area. Within this space, 4% is dedicated to office facilities, while the expansive shop area boasts corrugated steel buildings equipped with overhead cranes ranging from 4 to 10-ton capacity. The company's equipment inventory, is maintained to drive operational excellence and ensure superior product quality. From CNC-controlled cutting and milling equipment to a myriad of machining
tools, computers, etc., they have $1.9M in inventory. - Market Outlook / Competition
- Competition is very limited in the Continental United States.
- Opportunities for Growth
- With the economy stabilizing and the effects of the COVID-19 virus waning,
Management anticipates a surge in orders, positioning the company for significant growth in 2025. With the addition of new and proven sales representatives, facilitating the acquisition of new accounts will contribute to the company's projected growth in 2025 as well as expanding into new markets. The Company has continued to diversify its customer base and continue to reduce its dependency on the oil and gas industry.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 18,000
- Rent
- $10,000.00 per month
About the Sale
- Seller Motivation
- Strategic re-alignment
- Transition Support
- As needed.
Listing Info
- ID
- 2234947
- Listing Views
- 3048
Listing ID: 2234947 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.
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