Description

A leading value-added wholesale distributor of rebar, structural steel, connecting hardware, and other building material. The company specializes in custom steel fabrication and is well known for having competitively priced, high-quality products, with the team in place to provide technical and product support.

Key Aspects
· Large, diverse customer base of over 200 contractors
· Experiencing strong year-over-year revenue growth
· Low customer concentration with top customer accounting for just 7% of total revenue in 2015
· Flexible capital structure with little long-term debt
· Highly-trained staff with decades of metal fabrication experience and product knowledge
· Excellent reputation and well known among customers for its industry expertise and high-quality products

Opportunities
· Increase sales and marketing team to capture additional customers
· Offer additional products and construction-related services to an existing customer base
· Incorporate a predictive inventory management system
· Expand geographic area

Market Currently Served
Commercial and residential contractors in South and Central Florida

Real Estate
Three facilities located throughout Florida. All three locations are leased from unaffiliated parties.

Shareholder/ Owner Objectives
Ownership is seeking a control transaction, is flexible on structure, and is available to remain with the business in a reduced capacity for a transition period to ensure a seamless transition of ownership.

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