Red Metals Supply Company
Oklahoma
| Asking Price: | $2,750,000 |
| Gross Revenue: | $5,587,361 |
| Rent: | $10,000/Month |
| FF&E: | $524,233 |
| Cash Flow: | $809,907 |
| Inventory: | $1,424,477 |
| EBITDA: | $809,907 |
| Established Year: | 1964 |
Listing ID: 2234947Listing provided by BizBuySell
BUSINESS DESCRIPTION
With a comprehensive suite of onsite fabrication, polishing, and grinding services, coupled with top-notch quality control measures, this well established Red Metals Supply operation ensures product integrity from inception to completion. Leveraging innovative technologies such as water jet cutting and plate surfacing, they offer an array of services including photo-engraving, CNC milling, pantograph, and hand modeling, specializing particularly in copper alloy. Known as a worldwide distributor of
brass and copper plates, the Company's products command recognition in both domestic and international markets.
DETAILED INFORMATION
Location
Oklahoma
Inventory
Included in asking price
Real Estate
Leased
Building SF
18,000
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Currently, the company leases a state-of-the-art facility comprising approximately 18,000 square feet of gross building area. Within this space, 4% is dedicated to office facilities, while the expansive shop area boasts corrugated steel buildings equipped with overhead cranes ranging from 4 to 10-ton capacity. The company's equipment inventory, is maintained to drive operational excellence and ensure superior product quality. From CNC-controlled cutting and milling equipment to a myriad of machining
tools, computers, etc., they have $1.9M in inventory.
Competition
Competition is very limited in the Continental United States.
Growth & Expansion
With the economy stabilizing and the effects of the COVID-19 virus waning,
Management anticipates a surge in orders, positioning the company for significant growth in 2025. With the addition of new and proven sales representatives, facilitating the acquisition of new accounts will contribute to the company's projected growth in 2025 as well as expanding into new markets. The Company has continued to diversify its customer base and continue to reduce its dependency on the oil and gas industry.
Support & Training
As needed.
Reason for Selling
Strategic re-alignment
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