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Profitable Iron & Steel Store for Sale in İstanbul, Türkiye

Established specialty steel company with 28 years of experience, strong customer base, and growth potential.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 2.6 million
Run Rate Sales USD 3.8 million
EBITDA Margin 10 - 20 %
Industries Foundries + 1 more
Locations  İstanbul
Local Time 4:07 PM Europe / Istanbul
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 5.2 million (Native Currency: TRY 250,000,000)
Reason: The promoter is seeking to sell the company following a heart-related health issue and wishes to tra... View More
Includes physical assets worth USD 5.2 million
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Business Overview
* Established specialty steel company based in Başakşehir, Istanbul, with 28 years of experience in the iron and steel sector and a fully operational business.
* The company has approximately 1,500 active customers and maintains long-standing customer relationships, supported by established commercial infrastructure and strong inventory levels.
* Annual revenue was approximately TRY 225 million two years ago and TRY 125 million last year. The decline was attributed to the promoter’s health condition and the economic situation in Türkiye.
* Sales have shown a significant recovery over the past three months, with current monthly revenue of approximately TRY 15 million, indicating renewed business momentum.
* At an average steel price of approximately TRY 60 per kg, the current monthly capacity corresponds to approximately 250 tonnes of steel, with further capacity to scale.
* Margins have remained healthy and stable despite the previous decline in revenue, and the business has the potential to reach approximately TRY 400 million or more in annual revenue under effective management.
* The company operates with a lean workforce of 13 employees, primarily comprising machine operators, as the business relies heavily on cranes and saws. The office structure requires a relatively small team, allowing sales to be generated without significant manpower requirements.
* The business has standardized TSE (Turkish Standards Institution) and ISO certifications, supporting quality, operational standards, and compliance.
* The transaction includes 100% of the company’s shares and ongoing business operations, presenting an opportunity for a strategic investor to enter or expand within the steel, automotive, machinery, defense, or broader metal sectors.
Products & Services Overview
* The company specializes in specialty steel, alloy steel, carbon steels, structural steels, cold and hot drawn flat bars, as well as stockholding and supply of steel products.
* The business serves a diverse range of industries, including automotive and spare parts, machinery and machine tools, molds, heavy machinery, elevators, fasteners, metal furniture, and hardware.
Assets Overview
Physical assets: Machinery, steel inventory, production and processing equipment, warehouse equipment, office infrastructure, and other operational assets.

Intangible assets: Established brand value, long-term customer relationships, strong supplier network, industry know-how, experienced workforce, and an established market presence in Türkiye.
Facilities Overview
The current operating facility is leased in Başakşehir, Istanbul. The lease agreement is included in the current transaction and will be transferred to the buyer as part of the sale.

However, the company also owns a 1,800 m² factory building in an Organized Industrial Zone in Istanbul. The shell construction is complete, but the exterior façade and elevator are yet to be completed. This property is not included in the current selling price but can be acquired by the buyer at an additional cost of TRY 50 million, if desired.
Capitalization Overview
The company is family-owned, with the promoter serving as the Chairman of the Board and the primary decision-maker. The business has outstanding bank loans, and the plan is to use part of the sale proceeds to repay all outstanding debts and complete a clean exit.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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