Specialty Metals Trading Company
Location United Kingdom
Asking Price Range $1.0M - $2.5M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1984
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training The owners would be happy to help out with a smooth transition of the business and help in anyway possible.
Reason for Sale The owners would like to retire and believes this would be a perfect time for someone to take the business onto the next level.
Description Specialty Metals Trading Company For Sale. Ref.IT074. Location Relocatable. Asking Price A 550,000. This is an exceptional opportunity to purchase two associated companies which deal/trade speciality metals/alloys in all forms of raw materials to a worldwide market place. Originally a ''one man band'' having traded since 1984 the company remains today owned and managed by the founder to trade in specialised metals/alloys. In 1998 he founded a second company which became a trader, stockholder and manufacturer by conversion,of speciality mill products( sheets, plates, bars, tube, rod/wire).
The company has an excellent group of contacts within its network of refineries, steel mills, alloy melting companies, overseas trading houses and other major producers of specialist alloys throughout the world. They deal in alloys such as, Cobald, Molybdenium, Nickel, Tantalum, Titanium, Tungsten in any form of raw material. Because of the use of these metals in the aerospace - offshore, - chemical, - steel, -industry as well as for the production of medical implants, sport articles etc. The prospects for this type of business are extremely positive. Due to its international connections, the company deals also in surplus stock, excessive inventory and insurance sales.
Amongst the database of regular customers / suppliers they have both producers and end users all over the world of various metals/alloys. The skill and expertise is to match the seller to the buyer,and this is the unique proposition which the company specialises in. The business is profitable and has a reputation for its speed of supply, with a considerable network of transportation, very often to get products delivered half way around the world.
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