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Business For Sale

Profitable Scrap Metal Business in the SFV

San Fernando Valley, CA

Wholesale/Distribution: Durable Goods

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$399,000
$623,000
Not Disclosed
$228,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1993
1
677735994

Business Overview:

Profitable, established Scrap Metal business founded in 1993 and located in the Western San Fernando Valley area of Los Angeles. Priced for immediate sale due to health issues. The owner has developed a long-term, loyal customer base of accounts. Most customers are located in the San Fernando Valley, Santa Clarita Valley and Ventura County. Metals bought and sold mostly consist of Aluminum and Steel, but also include other metals such as Nickel and Titanium. The business operates out of the owner’s home and a commercial yard is rented to store various items including bins. The business can operate anywhere within the San Fernando Valley. This is a sale of asset in place and consists of one 32 foot truck with tailgate, 120+ bins located on a rented piece of property, as well as the customer list and telephone numbers. Buyer to complete their own investigation of books and records. Seller will allow buyer to complete an observation to verify income. This is a great opportunity for a new hands-on owner wanting to operate and continue to grow a profitable business. All buyers must sign a confidentiality agreement and provide verification of funds in the amount of $200,000, prior to receiving any additional information.

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 business operates out of the owner’s home and a commercial yard is rented to store various items including bins. The business can operate anywhere within the San Fernando Valley. This is a sale of asset in place and consists of one 32 foot truck with tailgate, 120+ bins located on a rented piece of property, as well as the customer list and telephone numbers.

Reason for Selling:

Retirement due to health issues.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.