25+ Yr Old Tool Steel Supplier/Distributor

ASKING PRICE:
$3,000,000

LISTING DETAILS:

LISTING ID: 3471

TYPE OF SALE: Asset

MLS CODE: Exclusive

INDUSTRY: Wholesale / Distribution

REASON FOR SALE: Retiring

TRAINING & SUPPORT: Yes

DESCRIPTION:

In operation since 1994 this longstanding business specializes in supplying Tool Steel to machine and tool & die shops. Large sheets are purchased then cut into different sizes and sold to customers. The 10,000 sq ft facility houses equipment that is in good working condition. Great reputation, well established clientele, and very little competition. Revenue can greatly increase with marketing efforts and reaching out to new machine/tool & die shops. Seller is retiring and will train to ensure a smooth transition. Amazing opportunity to own a very successful business with $2M worth of inventory included. Listing ID: 3471

COMPANY INFORMATION:

YEAR ESTABLISHED: 1994

FRANCHISE: No

SQUARE FOOTAGE: 10,000 sq ft

MONTHLY RENT: $8,333 pm (incl TMI) + HST

FINANCIAL INFORMATION:

GROSS REVENUE: $1,900,000

SDE: $519,000

FINANCING/TERMS: Financing Can Be Arranged For The Right Candidate

FFE INCLUDED: Yes

INVENTORY INCLUDED: No

EBITDA: N/A

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DISCLAIMER:

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.