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Metal Supermarkets eyes up 150 locations by 2024 as part of expansion plan

Metal Supermarkets eyes up 150 locations by 2024 as part of expansion plan

Metal Supermarkets is targeting new franchise development throughout New England, the Midwest, Texas and the Southwest.

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Canadian franchise Metal Supermarkets has announced today that it is to move ahead with a strategic franchise growth initiative that will expand its presence to 150 locations by 2024.

Several new locations have opened in 2020, including Appleton, Wisconsin; Cedar Rapids, Iowa, Cleveland, Ohio; Kansas City, Kansas; West Palm Beach, Florida; as well as Pico Rivera and San Diego, California.

The brand has eight openings slated for 2021 in Albuquerque, New Mexico; Reston, Virginia, Houston and Lewisville, Texas; New Orleans, Louisiana; The Bronx and Queens, New York; and San Jose, California.

“The strong momentum we’re demonstrating now has been brewing for several years,” said Stephen Schober, president and CEO of Metal Supermarkets. “Our ability to withstand the pressures of the pandemic was no surprise because we’re set up to thrive in every type of economic condition.

“When you blend our niche market with a solid business system and an unrelenting commitment to customer experience by our franchisee partners, Metal Supermarkets emerges as the standout metals supplier in every community that we serve.”

Occupying a niche in the $200bn U.S. metal distribution industry, future U.S. expansion is on the horizon. Metal Supermarkets is targeting new franchise development throughout New England, the Midwest, Texas and the Southwest,

“Remaining dedicated to our proven business system, while focusing on our core value of constant improvement has allowed us to establish Metal Supermarkets as the local one-stop shop for countless businesses and individuals who need metal,” added Schober. “To make sure that we’re always operating at peak performance across the franchise system, we offer opening and ongoing training and support.”

The investment range for a Metal Supermarkets location is between $216,500 to $403,000, and qualified owners must have a minimum of $150,000 in liquid capital to be considered. To honor those who have served in the military, Metal Supermarkets offers a $5,000 discount for qualified veterans.

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