Business for Sale Overview:
The March Group 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.
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.
Property Features and Assets:
The current owner is dedicated to providing a smooth transition, and employees are open to stay on with new ownership.
Market Competition and Expansion:
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.
Additional Details:
- The property is leased.
- 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.