July 23, 2024 | Toronto, ON – Metal Supermarkets, the world’s largest supplier of small-quantity metals, is celebrating major achievements for the first half of 2024 including record network revenues, new store openings, and franchise anniversary celebrations with even more success anticipated for 2024’s second half.

“Our network has achieved great success so far in 2024 with even more great accomplishments on the horizon for the next six months,” said Stephen Schober, President and CEO of Metal Supermarkets. “We anticipate closing out the year with more strong sales results, another eight anticipated new store openings, the awarding of our 3rd annual Trade School Scholarships, plus our annual Metal My Way contest.”

In comparison to the first six months of 2023, Metal Supermarkets network achieved a 5.4% sales increase, paving the way for another record sales year despite lowering metal prices. 

In the first half of 2024, Metal Supermarkets expanded its North American store footprint with six new locations across the United States and Canada including: Baton Rouge, LACambridge, ONMoon Township, PAO’Fallon, ILVentura County, CAYork, PA.. Showcasing continued 2024 momentum, Metal Supermarkets has signed seven new franchise agreements with eight new store developments in the pipeline.

Additionally, Metal Supermarkets franchisees have celebrated major anniversaries including 

Niles, IL (10 Years), Woburn, MA (10 Years), London, ON (10 Years), Richmond, BC (10 years), Everett, WA (10 years) and Calgary, AB (30 years). 

This continued success of the franchise network has earned Metal Supermarkets the attention of Entrepreneur Magazine, which recognized the proven business system as a Top-15 retail franchise according to the 2024 Franchise 500 Rankings. Metal Supermarkets holds the 203rd place ranking in the 2024 list up from last year’s 326th place — marking the ninth year in a row to earn ranking recognition – and springs into 12th place when looking exclusively at retail franchise systems. These rankings are considered the best and most comprehensive franchise ranking in the world.

While the year is half over, there’s still much more to come including announcing recipients of the Metal Supermarket Trade School Scholarship program, which awards students pursuing a career in the skilled trades. The annual Metal My Way contest is also on the horizon, which celebrates versatility and craftsmanship in metalworking, fabricating and design.

Metal Supermarkets franchise locations offer 8,000 types, specialize in the sales and distribution of a wide range of metal, cut to each customer’s exact specifications. Brandishing its signature, world-class customer service, Metal Supermarkets is the trusted metals supplier and stocked to meet the needs of a wide and diverse variety of customers including local manufacturers, machinists, maintenance and repair, artists, hobbyists, tool and die shops, and more across the United States, Canada and the United Kingdom.

ABOUT METAL SUPERMARKETS

Metal Supermarkets, the world’s largest supplier of small-quantity metals, has 127 brick-and-mortar stores across the United States, Canada and the United Kingdom with 8 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.

Metal Supermarkets is actively awarding locations to qualified individuals 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.

For further information: John Swinimer, Senior PR & Communications Specialist | (905)-362-8226 ext. 9985.

Search