Steel Supplier / Distributor Northwest Ohio
Business Description: Steel supplier and distributor (coils and sheets) that can shear to order with long lasting customer and vendor relations, including three major U.S. mills. Founded in the early 1980’s by its present owner.
Financial Performance: 2017 and 2018 gross revenues exceeded $13M with adjusted/recasted EBITDA average in excess of $600,000.
Why a Great Opportunity – Major Attributes:
- Well established business with stellar reputation
- Long lasting customer and vendor relations (including three major U.S. mills)
- Experienced staff and equipment in place
- Owner willing to train and support
Staff: 8 employees
Reason For Selling: Retirement
- Business: $1.5M + Inventory (TBD at closing)
- Account Receivables can be purchased.
Building/Real Estate: Sale or Lease per agreed FMV terms