Business for Sale Overview:
Western Kentucky Metal Recycling Center – This business is very well established and has demonstrated excellent performance, with 2008 sales up over 16% relative to the previous year. The performance of this business is very well documented, with “every penny” accounted for. Yet, there are several fairly straightforward ways to achieve yet higher performance in the future. The Intermediary has access to other metal recycling centers in this part of our nation (some of them larger than this facility) that could be purchased simultaneously and which would enlarge upon 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. The Seller is ready to retire due to the fact that he has had two heart attacks and because of his age. While the 2008 Revenue is known, 2008 Cash Flow is estimated based upon the Average Cash Flow / Average Revenue ratio determined from the 2006 and 2007 actual performance of the business.
Furniture, Fixtures, & Equipment: $315,000
Vehicles and / or rolling stock: $135,000
Inventory: $50,000
Accounts Receivable (if included): $-0-
Land and Building (if included): $150,000
Other Assets: $-0-
Current Liabilities to be assumed: $-0-
Current Notes to be assumed $-0-
Asking Price: $2,000,000
Down Payment: $400,000
Annual Sales Volume: $2,044,000
Cash Flow: $375,000
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:
Office (Single Wide Trailer) at 300 square feet.
Shed at 2,000 square feet.
Land at 2.5 acres
Market Competition and Expansion:
A person with more energy and additional capital (funds) could significantly expand sales and profits.
Reason for Selling:
Probably Retiring - 2 heart attacks & 65 years old
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.