25+ Yr Old Tool Steel Supplier/Distributor

25+ Yr Old Tool Steel Supplier/Distributor

25+ Yr Old Tool Steel Supplier/Distributor

LISTING DETAILS

Listing ID: 3471

Type of Sale: Asset
MLS Code: Exclusive
Industry: Wholesale / Distribution
Reason for Sale: Retiring
Training & Support: Yes
Asking Price: $3,000,000

ASKING PRICE
$3,000,000
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

FFE Included: Yes

Inventory Included: No

Financing/Terms: Financing Can Be Arranged For The Right Candidate

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.

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