Industry News

Successful Entrepreneur Signs Franchise Agreement for Fourth Metal Supermarkets Location

World’s Largest Supplier of Small-Quantity Metals Set to Open in St. Petersburg, Florida

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 St. Petersburg.

Franchisee Brian Thompson, who already owns three other Metal Supermarkets stores in the Tampa and Lakeland markets, is set to open his fourth store and the tenth Metal Supermarkets location in Florida, 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 St. Petersburg.

Florida Franchisee Continues to Invest in Proven Business Model with 4th Store

“We have continued to enjoy the Metal Supermarkets business model with our three successful locations in Tampa and Lakeland and are excited to expand with a new store in St. Petersburg,” says Brian Thompson, franchisee of Metal Supermarkets. “Metal Supermarkets has proven itself as a durable and innovative franchise opportunity, and we’re proud to serve the needs of thousands of businesses for all their small-quantity metal needs with exceptional customer experience.”

With his existing Metal Supermarkets stores, Thompson has accrued a wealth of knowledge in the metal supplies industry and has generated long-lasting relationships with Florida businesses that will contribute to making his new location in St. Petersburg a success.

Having previously served in the Navy, Brian is passionate about providing employment opportunities to veterans and looks forward to doing so in St. Petersburg along with his other locations.

Durable Franchise Opportunities for Driven Investors

The franchise agreement for St. Petersburg comes amid a pivotal growth phase for the company. With locations open across the United States, Canada, and the United Kingdom, Metal Supermarkets is executing a strategic expansion plan to add 50 new locations during the next four years in targeted markets, including Austin, Boston, Detroit, Milwaukee, Phoenix, Sacramento, and San Antonio. Designated an essential business, Metal Supermarkets provides a recession-resistant, innovative and durable opportunity for interested franchise investors.

“Brian Thompson has proven to possess the business acumen and drive to be a success Metal Supermarkets franchisee,” says Stephen Schober, President and CEO of Metal Supermarkets. “We are thrilled to continue to support Brian as he expands to a new market in St. Petersburg, and love the passion and dedication he has for our brand. His continued investment in Metal Supermarkets is a testament to the success of this business system.”

Metal Supermarkets is actively awarding locations to qualified individuals like Brian Thompson, 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 $216,500 to $403,000, and qualified owners must have a minimum of $150,000 in liquid capital to be considered. Qualified U.S. military veterans may be able take advantage of a $5,000 reduction off the initial franchise fee.