Distribution/Manufacturing of Metal Items

New York
Asking Price: $425,000
Business For Sale Details
Listed on Nov 5, 2023

This business located in the New York Metroplex provides distribution, manufacturing and installation of custom metal products for specialized projects that are partnered with professional designers, architects and contractors. With over 15 years of experience working with carbon, aluminum and stainless-steel fabrication for commercial applications, the company’s services revolve around residential kitchens and bathrooms as well as storefronts, restaurants & bars. Currently leased at $4,200 per month or $50,400 annually, this workplace is a 5,000-square-foot facility in excellent condition that includes a 4,500-square-foot warehouse & production space and a 500-square-foot office area. With a skilled team of 28 nonunion employees plus 20+ extra workers and 1099 contractors, the seller is open to standard transitioning or an extended compensated role with the right buyer as operations continue post-sale. The company is being offered debt-free at the time of purchase with gross sales in '24 of almost $3 million. Positive client ratings & reputations have solidified an ongoing command in the market with a diversified range of offered services such as measuring and templating to various projects like building facades and glass work. An active website and social media site maximize referrals from a large and repeat customer base, with potential in capital investment.
Listing includes Equipment of $150,000 and Inventory valued at $50,000.

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Financials (USD)

Asking Price $425,000

Cash Flow $115,000

Sales $2,404,302

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Yes

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? No

Management will stay? Yes

Relocatable? No

Real Estate? No

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