Metal Supermarkets FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is for a Metal Supermarkets® store that will sell a wide variety of metals and related services primarily to the maintenance and engineering departments of manufacturing facilities as well as maintenance providers, food processors, machine shops, tool and die shops, contractors, welders, fabricators, hospitals, schools, universities and other institutions and service companies, as well as to welders, fabricators, and machine shop and tool and die shop operators.
Corporate Information
Metal Supermarkets Franchising America, Inc. is a corporation that was formed under the laws of Ontario on October 1, 2023. They have offered franchises for Metal Supermarkets stores since October 1, 2023. their principal business address is 5399 Eglinton Avenue West, Suite 210, Toronto, Ontario, Canada M9C 5K6.
Investment
The total investment necessary to begin operation of a Metal Supermarkets franchised business is from $340,500 to $592,500. This includes $62,500 that must be paid to the franchisor or their affiliates.
If you enter into a development agreement to establish multiple Metal Supermarkets stores, the development fee (which is paid instead of the initial franchise fees that would be due for those stores) is $44,500 for the first store, $34,000 for the second store, and $31,000 for the third and each store after that. The number of Metal Supermarkets stores that you will develop under the development agreement is determined by a mutual agreement between you and the franchisor, but it must be a minimum of two.
