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Wisconsin Business For Sale |
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| PRECIOUS & SCRAP METAL COLLECTION & RESALE |
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| Attn: Mickie Bernard |
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| Not Disclosed, WI, USA |
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| Asking Price: |
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Not Available |
| Business for Sale Industry: |
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Services: Professional |
Year Established: |
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1985 |
| # of Employees: |
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5 |
| Yearly Revenues: |
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$1,902,000 |
| Yearly EBITDA: |
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$170,000 |
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Business for Sale Overview:
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The March Group, LLC currently represents a major regional player in the precious & scrap metal recycling industry. This well-established Company purchases & collects primarily silver & aluminum from 800+ customers for subsequent resale to large recovery & refining operations. Increased focus on recovery of scrap silver, which retains higher gross profit margins. Silver sources include scrap film, silver accumulated in canisters & silver recovery units, & silver flake from printers, hospitals, clinics, & newspapers. Material prices are determined by the American Metal Market (AMM); the other factor is the type of service rendered -material providers are not charged directly for recovery. Nearly three year old agreement with major refiner to be the exclusive provider & to receive customer referrals. 2006 revenues of $1,902,400 & EBITDA of $170,000 hit projections, & gains of 56% & 9% respectively promise healthy revenue and profitability growth into the future.
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Property Features and Assets:
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The current owner is dedicated to providing a smooth transition, and employees are open to stay on with new ownership. |
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Market Competition and Expansion:
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Recycling makes sense economically, technically & ecologically, & the U.S. is the #1 silver recycler in the world. Currently, the Company relies on word-of-mouth & refiner referrals for the generation of new business. Given the Company’s 20+ years experience, dedicated staff & superior product, an integrated marketing program & website development initiative could provoke revenue growth to far exceed the 15% predicted through 2010. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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