Distribution & Manufacturing of Quality Metal Products! (37980)
| Asking Price: | $850,000 |
| Gross Revenue: | $2,404,302 |
| Rent: | $4,200/Month |
| FF&E: | $150,000 |
| Cash Flow: | $115,000 |
| Inventory: | $50,000 |
| EBITDA: | $79,987 |
| Established Year: | 2006 |
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 sale projections up to $5 Million in 2023. Revenues reached $2,404,302 last year with $115,000 in Discretionary Earnings and as of September 2023 sales have reached $3,765,919 with over $200,000 Discretionary earnings. 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 façades and glass work. An active website and social media site maximize referrals from a large and repeat customer base, with potential in capital investment. The company is flourishing to new levels, call IAG today!
