Metal Supermarkets Signs Three Franchise Agreements for New Stores Across the United States
World’s Largest Supplier of Small-Quantity Metals coming to Colorado Springs, CO; Columbia, SC; and South Pittsburgh, PA
May 1, 2024 | Toronto, Ontario – Metal Supermarkets announced today that it has signed three franchise agreements to bring fast and convenient metal supply options to businesses and consumers in: Colorado Springs, Colorado; Columbia, South Carolina; and Pittsburgh, Pennsylvania. These new agreements bring new franchisees to the network as well as an additional store for an existing franchisee.
Jason and Deirdre Frank, current franchisee owners of the Metal Supermarkets store in Englewood, CO, are set to open their second store and the fourth Metal Supermarkets location in Colorado.
New franchisee Dhaval Patel is planning to open the third Metal Supermarkets location in South Carolina while new franchisee Richard Russell has entered into an agreement to open the third Metal Supermarkets location in Pennsylvania.
Offering over 8,000 types, shapes and grades of metal, cut to each customer’s exact specifications, Metal Supermarkets offers convenience, speed and world-class customer experience, and will be the one-stop-shop for manufacturers, machinists, maintenance and repair, tool and die shops, hospitals, hotels, universities, schools, homeowners, artists, hobbyists and more in Colorado Springs, Columbia and Pittsburgh.
Durable Franchise Opportunities for Driven Investors
The franchise agreements for Colorado Springs, Columbia and Pittsburgh come amid a pivotal growth phase for Metal Supermarkets. With locations open across the United States, Canada and the United Kingdom, the company is executing a strategic expansion plan to add 10 new stores in the near future. Metal Supermarkets provides a recession-resistant, innovative and durable opportunity for interested franchise investors.
“Jason and Dierdre Frank have earned rapid initial success with their store in Denver (Englewood) and we’re confident they are fully prepared to expand to Colorado Springs. Together with new franchise owners, Dhaval Patel and Richard Russell, we believe we are building a strong roster of business owners with drive and the business acumen to continue the success of the Metal Supermarkets franchisees,” said Stephen Schober, President and CEO of Metal Supermarkets. “We are excited to support the growth of all three new franchise locations and we’re very confident that the Metal Supermarkets business system will help them all achieve their business and financial goals. We are also excited to be on pace to achieve this year’s target of 10 new store openings before the year is out.”
Metal Supermarkets is actively awarding locations to qualified individuals like Jason and Deirdre, Dhaval and Richard who have strong business acumen and customer service experience. The Metal Supermarkets franchise opportunity is best suited for the owner-operator franchisee who is looking to build an income and create a lasting, profitable business in their local market. The moderate investment range for a Metal Supermarkets location is between $430,500 to $592,500, and qualified owners must have a minimum of $150,000 in liquid capital to be considered. Qualified U.S. military veterans can take advantage of a $5,000 reduction off the initial franchise fee.
ABOUT METAL SUPERMARKETS
Metal Supermarkets, the world’s largest supplier of small-quantity metals, has over 125 brick-and-mortar stores across the United States, Canada and the United Kingdom with nearly 10 franchise locations in development. Known for its speed and convenience, Metal Supermarkets sells a wide variety of metals including Aluminum, Hot-Rolled Steel, Cold-Rolled Steel, Stainless Steel, Alloy Steel, Galvanized Steel, Tool Steel, Brass, Bronze and Copper. With highly specialized staff, customers can get the metal they need in a size that is convenient for them. Additional information can be found at metalsupermarkets.com.
For further information: John Swinimer, Senior PR & Communications Specialist | (905)-362-8226 ext. 9985.
