Corporate
Headquarters

Murphy Business &
Financial Corporation
513 N. Belcher Road
Clearwater, FL 33765
888-561-3243
Fax: 727-725-8090
Email us

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Listing Details -

Listing#: 5450      SIC: 3499      Business Type: Distribution, Dist-Steel
 
Default Image
 Status Sold
Listed Price $15,000,000
Down Payment $15,000,000
Owners Cash Flow $3,699,873
Total Sales $17,876,399
 
   
   
 
  Contact Information
   
  Office: 727-725-7090
  Email: Send Email To Agent
   
   
   
   
Business Description
Began in 1991 as a recycling business, mostly ferrous metals and in 2001 added new steel sales along with services such as cutting to length & size. Major pieces of equipment include an automated saw, CNC Plate Shear and a CNC Plasma Torch capable of hi-definition cutting to specification with a 0.008in tolerance. 60% of sales come from recycling.
 
Assets/Liabilities
Accounts Receivable $400,000 Incl. Yes Real Estate $3,200,000 Incl. Yes
Inventory $1,600,000 Incl. Yes Liabilities Incl.
FF&E $3,000,000 Incl. Yes Other: $0 Incl. No
Leasehold $0 Incl. No Total Assets $8,200,000
   
Lender Prequalified: No  
   
Financing/Terms Amount Mos Rate Mo. Pmt.
Loan/Assumable $0 0 0 $0
Loan/Seller $0 0 0 $0
Other $0 0 0 $0