Industry: Wholesale and Distributors
Listing ID: 1015
Respected name in the steel industry going back multi generations.
This niche distributor and fabricator of multiple applications in the Elevator and Construction Industries, is strategically located near the hub of NYC.
They can handle immediate delivery and fabrication within 24 hours and have HIGH demand in the entire Northeast Corridor, due to minimal local competition.
The company provided supplies to almost all NYC high rise buildings, including The Empire State Building, the Freedom Tower, and the Second Avenue Subway Line to name a few. Currently, they are involved with The Hudson Yards Development and 4 WTC.
This business fares well during recessions. Pre-qualified for SBA 7a and 504 loan.
Total: $5.5mm for the business + 1.2mm for inventory + 6mm for R.E. = $12.7mm
Gross Revenue: $7,800,000
FFE: $500,000 (Included in Price)
Real Estate: $6,000,000
Reason For Sale:
Training & Support:
Year Established: 1982
Days & Hours of Operation: M-F 6 to 10pm
Owner Hours Per Week: Absentee
Type of Location: Stand Alone
$5,000,000 - For sale, 40,000SF warehouse on major local highway. Dual zoned commercial and residential. Clean EPA report.