Metal Distribution Company, Specializing in Specialty Metals
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Asking Price
$8,500,000
Detailed Information
Not Disclosed,New Jersey, US
Not Provided
NA
Business Description
This metal distribution business is for sale as the owner is retiring and the lender has pre-qualified potential buyers. The company has shown steady growth, with revenue increasing from $6.3 million in 2022 to $7.6 million in 2023, and a cash flow of $2 million in 2023. Expectations are high for continued growth in 2024. Known for its quality and expertise in sourcing specialty metals, the business primarily caters to industrial manufacturers, metal fabricators, microwave manufacturers, and electronics manufacturers. With a focus on distributing both ferrous and nonferrous metals to serve the electrical, electronic, and microwave industries, the company holds an ISO 9001-2015 certification. Their product range includes metals like bronze, copper, brass, and aluminum, and they offer custom fitting services such as edging, slitting, cutting to length, and polishing. This well-established metal distribution company excels in meeting the needs of clients looking for specialized metals