Profitable Manufacturer/Distributor for Sale – NYC Area
An established Manufacturing and Distribution business with $5M in revenue is available for sale in the greater New York City area. For over 30 years this business has been supplying the business community, hospitality industry as well as other distributors with high quality metal related products. The business has a tremendous list of well-known and loyal clients established over many years with good pricing, timely service & delivery and the ability to deliver to each industry the products customized to their needs. Many of their clients need their products and services on a regular basis and have hundreds of customers without any significant customer concentration. An aggressive new owner will be able to leverage their clients which include some top Fortune 500 companies. With multiple streams of revenue, high margins and annual revenues about $5M , this business represents a unique opportunity to step into a very strong business immediately which also has plenty of upside potential, as there are many untapped markets.
The owner and significant portions of the management team have indicated a desire to stay on. Therefore a new buyer could have not only a strong and growing business but also a seasoned management team in place to continue the growth. This is a turn-key profitable opportunity with everything in place necessary to continue growing the business including facilities, machinery, trucks, lifts, skilled labor and systems to support the business.
If you are looking for a strong, well-established business with great earnings and growth potential then you don’t want to miss this. Business is priced at $2.9M plus inventory. Please refer to listing #13020 when inquiring about this opportunity.