40 Year Profitable Metals Supplier

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40 Year Profitable Metals Supplier

Listed by Business Broker
40 Year Profitable Metals Supplier

Asking price $1,600,000

Greater Cincinnati, OH

Cash Flow: $377,663

Gross Revenue: $2,224,043

EBIT DA: No Data

FF&E: $144,272

Inventory: $697,000

Established: 1989

Type: Independent

Business listed by:
Brandon Owens
First Choice Business Brokers of Cincinnati
(513) 392-6750

Business Description:

Over 40 years in business, a well-known supplier of specific use steels, titanium, aerospace alloys, aluminum or bronze metals is for sale at $1.6M. Serving industries such as Aerospace, Energy, Petro Chemical, Food, Auto, Firearms, Medical and fitness. Long term contracts in place and Vendor Managed Inventory contract agreements with current customers. Current owner has been with the company since inception, but is now ready to retire. Seller states there is plenty of upside sales potential for a new owner with a can-do attitude. Located in a premiere industrial area within minutes of major interstates and interchanges. Property available separately with ample room for expansion. Strong sales history with great cash flow for a new owner.

Selling Reason:

Owner is ready to retire.

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