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Northern Cincinnati near major Interstates

  • Listing No.: 223-20188

  • Category: Wholesale

Asking Price $1,600,000
Down Payment
Gross Revenue $2,224,043
Total Adjusted Net Income $372,863
Equipment / Fixtures $77,000
Year Established 1979
General Location Northern Cincinnati near major Interstates
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Over 40 years in business, a well-known supplier of specific use steels, titanium, aerospace alloys, aluminum or bronze metals is for sale at $1.6M. Serving industries such as Aerospace, Energy, Petro Chemical, Food, Auto, Firearms, Medical and fitness. Long term contracts in place and Vendor Managed Inventory contract agreements with current customers. Current owner has been with the company since inception, but is now ready to retire. Seller states there is plenty of upside sales potential for a new owner with a can-do attitude. Located in a premiere industrial area within minutes of major interstates and interchanges. Property available separately with ample room for expansion. Strong sales history with great cash flow for a new owner.

Gross Revenue $2,224,043 Listed Price $1,600,000
Total Income $372,863 Down Payment
Base Rent Square Feet 16360
Total Rent Lease Expiration
Rent Deposit Lease Options
Inventory $679,000 Leasehold Improvements $67,000
Equipment / Fixtures $77,000 Other Assets
Full-Time Employees 3 Training Period 60 Days
Part-Time Employees Special License Required
Contract Staff Reason for Selling Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.