Business for Sale Overview:
Great investment opportunity to acquire a simple metal recycling company; company recycles all types of metals. Two main sources: companies and individuals bring the metal to the company's facility, and after a truckload is accumulated, they transport it to metal brokers. The other source is the company purchases autos and crushes them and transports them to metal brokers. The company does not deal in auto parts. ($500,000 of real estate--9 acres, 4 buildings) ($1,800,000 of equipment and $30,000 of inventory included.) Sales in 2008 were $6.6 million and 3.9 million in 2007. In 2009, this industry has seen a drastic decline in sales. Hopefully this will turn around in 2010. Cash flow reflects one FT owner/operator taking no salary.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
wants to spend more time w/ family
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.