Metal Supermarkets

Overview

Website: www.metalsupermarkets.com

Franchise Fee: $49,500

Royalties: 6% of gross sales declining to 3

Cash Investment: $150,000

Total Investment: $397,500 - $670,500

Net Worth: $500,000

VetFran: Yes

SBA Approved: Yes

Master Franchise / Area Developer Opportunity: No

Additional Details

Metal Supermarkets is a B2B franchise and the world's largest supplier of small quantity metals. Our metal distribution franchise focuses on small to mid-size customers with consistent metal-consuming needs, with access to over 8,000 SKUs.
We have a franchise as strong as metal, with an outstanding performance track record:
Industrial cost structure with retail margins - 51% gross margin.
Strong Average Unit Volume (AUV) $2.1M Annual Sales/store
Owner operator with just 3 employees.
Work-life balance with opening hours of 8-5, Monday-Friday.
Our strong customer base that values and benefits from our key differences including: no order minimums, cut-to-size metal, fast or even same-day delivery, sourcing of hard-to-find items, and exceptional service.
This is truly a relationship business. We have minimal customer and industry dependency so as different industries grow and shrink, the Metal Supermarkets model stays stable and consistent.
WHY the metal distribution industry?
The metals distribution business is a $698 billion dollar industry.
There is always a need for metal – it is stable and reliable.
Buying metal in small quantities is not easy – but there is a significant need. Metal Supermarkets is a “just in time” model for business owners to solve their immediate needs.
WHY Metal Supermarkets?
Metal Supermarkets is the only franchise that sells small quantity metals. Similar to a franchise in another industry, such as a restaurant and gym, it has some hallmarks of a proven and repeatable system. Most markets do have local operators, who are less sophisticated “mom and pop” operations, but Metal Supermarkets stand apart in the following ways:
High standard of operation and consistency across locations.
Reliable and professional.
More SKUs so more able to say “yes” to customer requests
Trustworthy and business-minded
Nationwide sourcing plus e-commerce
To highlight our niche abilities, we have owners making $4-6 million gross sales with ONE TERRITORY.
With a track record of over 40 years we have a proven system for managing the business, creating critical preferred vendor relationships, manage inventories, develop pricing strategies.
Our franchisees can make solid profits while building a long term, tangible and sustainable business with limited competition.
OUR IDEAL FRANCHISEE
The ideal candidate for Metal Supermarkets has the following qualities:
The entrepreneurial drive to build and oversee a business with a small team of employees.
Cares about customers and creating an outstanding experience for them.
Willing to work hard in order to achieve mid to long term meaningful financial rewards and able to “roll up their sleeves” when required.
Websites: www.metalsupermarkets.com and metalsupermarketsfranchise.com/
AVAILABLE MARKETS
US markets available: Metal Supermarkets has a lot of open space with over 200 territories available. Since the system does not need population density or median average income to work – there may be a territory available that you may not expect.
HOT Regions/Desirable: All available
Available in Canada: Select markets
International Referrals: Yes
BACKGROUND
Year founded: 1985
Year franchised: 1987
Number of franchises currently operating: 133
Number of corporate owned franchises: 1
Home Based: No
Absentee ownership available: No
Accepting Master Franchisor and Area Developer Referrals: No
Average number of employees required: 2 plus the franchisee to start
FINANCIAL DETAILS
Franchise fee:

Why Metal Supermarkets?

Our Ideal Franchisee

Available Markets

Background

Year founded: 1985

Year Franchised: 1987

Home Based: No

Financial Details

Franchise Fee:$49,500
Providing Earnings Guidance in Item 19 in FDD:Yes
Total Investment Range: Single Unit: $397,500 - $670,500
Net Worth Requirement:$500,000
Royalty:6% of gross sales declining to 3
VetFran Program:Yes

Available Resales

There are currently no resales listed for this franchise.

Support & Training Provided

Training and support program details: