Owner Financing is Available!
Business Overview:
Kentucky Metal Recycling Center – This Western Kentucky Metal Recycling Center has excellent sales, profits, equipment, facilities and location. In these ways, this facility is clearly well above average, with few competitors. The high capacity and high quality equipment (especially) and facilities were selected to support (and do support) highly efficient operations. The equipment is clearly well above the minimum required to support the business, meaning that significant growth of the business can be accomplished without excessive additional investments in equipment and facilities. The 2008 Cash Flow was $645,000 on Sales that were only slightly higher than 2011 Sales.
Furniture, Fixtures, & Equipment: $1,125,000
Vehicles and / or rolling stock: $160,000
Inventory: $25,000
Accounts Receivable (if included): $-0-
Land and Building (if included): $300,000
Other Assets: $-0-
Current Liabilities to be assumed: $-0-
Current Notes to be assumed $-0-
Asking Price: $3,700,000
Down Payment: $740,000
Annual Sales Volume: $3,170,000
Cash Flow: $460,000
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:
600 square feet relatively new office building plus 1,200 square feet shed on 11 acres in a great location.
Market Competition and Expansion:
This business is very strong, and the competition is weak.
Reason for Selling:
50% Partner wants to retire.
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.
Resources: