Available is a long-standing worldwide metal products distributor for sale catering to the oil and gas industry. This Texas-based company operates as an approved vendor for a few high-profile clients and has created a diverse supply chain of metal materials.
Overview of a metal products distributor for sale
- The company operates as an approved vendor to a number of high-profile clients;
- Sales team with broad experience in the metal and energy sectors;
- Stellar reputation in industry achieved from many years of successful operations;
- Reliable source of high-quality products;
- Low client concentration, the largest client presents only 11.3% of revenue in 2020FY;
- Group of 3rd-party service providers for outsourced after-fabrication offerings.
Potential
The metal products distributor for sale has strong opportunities to grow its profitability by diversifying its product portfolio to cater to clients outside of the oil and gas sector. Also, hiring additional sales reps and doing advertising to create right conditions for business development and market to a wider client base will be an excellent solution for a purchaser. This is an excellent “bolt-on” for steel manufacturing businesses or other distributors outside of the oil and gas sector willing to capitalize on the establishment’s industry relations.
Market position
The company operates across the whole world with most customers located in Texas, Louisiana, Oklahoma, Mexico and Canada. The sectors served are energy, wastewater treatment, food processing, and pulp and paper industries. Property The business operates from a 70,000 sq.-ft. building. Reason for sale The owner is pursuing noncompeting business ventures.
You can also find other offers for sale in the category “Manufacturing”.
