CONFIDENTIAL

  • Listing# : 5450
  • Listed Price : $15,000,000
  • Total Sales : $17,876,399
  • SIC : 3499
  • Down Payment : $15,000,000
  • Status : Closed
  • Discretionary Earnings : $3,682,011

Business Type :

Distribution / Dist-Steel

Business Description :

Began in 1991 as a recycling business, mostly ferrous metals and in 2001 added new steel sales along with services such as cutting to length & size. Major pieces of equipment include an automated saw, CNC Plate Shear and a CNC Plasma Torch capable of hi-definition cutting to specification with a 0.008in tolerance. 60% of sales come from recycling.

Assets/Liabilities:

    • Accounts Receivable $400,000
    • Incl : No
    • Real Estate $3,200,000
    • Incl : No
    • Inventory $1,600,000
    • Incl : Yes
    • Liabilities $0
    • Incl : No
    • FF&E $3,000,000
    • Incl : Yes
    • Other: $0
    • Incl : No
    • Leasehold $0
    • Incl : No
    • Total Assets $4,600,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Distribution