World’s largest supplier of small-quantity metals set to open in Philadelphia
Metal Supermarkets announced today that it has signed a franchise agreement to bring a fast and convenient metal supply option to businesses and consumers in Philadelphia.
Franchisee Jeyakumar Gopalan is set 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. Along with its convenience, speed and world-class customer experience, Metal Supermarkets 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 Philadelphia.
Philadelphia entrepreneur invests in proven business model
“I’ve always wanted to start a business selling tangible products, and have been vetting business opportunities for the right fit,” says Jeyakumar Gopalan, new franchisee with Metal Supermarkets. “Metal Supermarkets has proven itself as a durable and innovative franchise opportunity and stands out from the rest due to its distinct positioning, focus on convenient metal supply and the ability to effectively address a specific niche market in the metal industry.”
Gopalan’s expertise combines two decades of sales experience in the software industry matched with a wealth of knowledge in the metal supplies industry accrued during his tenure at Titanium Metals Corporation. As a Philadelphia suburb resident, he has generated long-lasting relationships with Philadelphia fabricators, machinists, and other businesses that will contribute to making his new location in Philadelphia a success.
Durable franchise opportunities for driven investors
The franchise agreement for Philadelphia comes amid a pivotal growth phase for the company. With locations open across the United States, Canada, and the U.K., Metal Supermarkets is executing a strategic expansion plan to add more than 10 new stores in the near future. Designated an essential business, Metal Supermarkets provides a recession-resistant, innovative and durable opportunity for interested franchise investors.
“We believe Jeyakumar Gopalan to possess the business acumen and drive to be a successful Metal Supermarkets franchisee,” said Stephen Schober, president and CEO of Metal Supermarkets. “We are thrilled to support Jeyakumar as he builds his business in Philadelphia. His decision to invest in Metal Supermarkets is a testament to the past and potential success of this business system.”
Metal Supermarkets is actively awarding locations to qualified individuals like Jeyakumar, who have strong customer service experience. As the concept has grown in recent years, 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.
Learn more about franchising with Metal Supermarkets
