Metal Service Distributor Center Serving The Contractor Industry

Business Overview:

This metal services business has been established 7 years and caters to contractors in Central Florida. Services include cutting metal to any shape or size with metal hole punching, bending and press brake service. The owner states the staff is the best he has ever had with 4 in production and 3 other employees in the office.Clean Books and Records. Sales in 2023 were $2,643,638 and $2,447,173 in 2022. Located in an industrial complex with 4 years remaining on current lease. Very simple business to manage and operate for hands on owner.Reasonably priced below a 3.5X multiple on Seller Discretionary Earnings. All buyers must provide NDA and Financial Statement to procure info. No Brokers or Buyer Reps - No Exceptions. Principal Buyers only. Bill Law is the listing broker. bill@sunbeltbrokers.biz

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Property Features and Assets:

Approximately 5,600 SF leased on 5 year lease with about 4 years remaining. Assets Included: There are over $300,000 in hard assets/equipment and inventory of approximately $175,000 included in the sale. Equipment List major assets include: 10 ft CNC Shear, Durma Press 4 axis CNC Brake, Cosen C-510MNC CNC Saw, Cosen C-260NC CNC Bandsaw, Piranha P65 Ironworker, 10 ft Baileig Box and Pan Brake, 2017 Isuzu with 16 ft flatbed truck, 5000 pound Forklift and a huge amount of material racks (see equipment list for more details)

Market Competition and Expansion:

Employees: There are 3 inside sales and 4 employees on the shop floor. This is the best crew the owner has ever had. Hourly rates range from about $20 to $29 Customers – approximately 90% of the sales are to contractors with the largest customer only accounting for about 10% of sales.

Reason for Selling:

The owner has health issues and is ready to retire

Additional Details:

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