Business Overview:
Outstanding Metal Recycling Center – This “neat as a pin” facility is a highly efficient and well located money maker. The equipment, buildings and the yard itself are vastly superior in quality and capabilities versus the typical or average recycling center. Despite the relatively fast fall in scrap metal prices that began in August of last year, the company was very profitable in 2008. The business was open during the last seven months of 2008, and the sales / revenues and profits / cash flows are the result of a linear extrapolation of those seven months. The Intermediary has access to other metal recycling centers in this part of our nation that could be purchased simultaneously and enlarge and complement the operations of this business. These other facilities could, for example, be of interest to Buyers with minimum size, revenue or purchase price constraints, as their simultaneous acquisition would create a larger business to be purchased.
Furniture, Fixtures, & Equipment: $2,018,000
Inventory: $50,000
Land and Building (if included): $2,000,000
Asking Price: $6,500,000
Down Payment: $1,300,000
Annual Sales Volume: $4,035,000
Cash Flow: $1,275,000.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
6,000 square feet shop and 567 square feet office facility and a yard featuring a lot of concrete. Everything is in mint condition.
Market Competition and Expansion:
This company is able to draw in business from beyond its local area.
Reason for Selling:
The Sellers desire liquidity.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.