Central Indiana Metal Recycling Company For Sale

Not Disclosed, IN

Asking Price: Annual Revenue:
$350,000 Not Disclosed

Services: Green Businesses - Recycling

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RE: Central Indiana Metal Recycling Company For Sale Broker: Phil Eleson

Quick Facts

Asking Price: $350,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $335,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 4
BBN Listing #: 77124955
Broker Reference #: 1902-15470

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Business Overview:

This is a great opportunity to purchase a metal recycling company that has been in operation for over 20 years.

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Property Features and Assets:

The business is located on a state highway in Central Indiana. There are 3 buildings on over 5.5 acres with approximately 19,000 square feet under roof and no zoning restrictions. The Real Estate is available for lease at $5,000/month NNN or may be purchased for $500,000. Assets=$350,000

Market Competition and Expansion:

The business is less than 80 miles away from the new Nucor facility being build in Brandenurg, KY. This new steel mill along with the additional capacity Nucor is adding at their Ghent mill will increase the demand for scrap metal in this region. There are multiple shredders in the area that will compete to buy this businesses scrap metal, presenting the opportunity to sell product for the highest price in the market. A new owner could increase volume by adding roll off dumpsters and trucking. The scrap market has been depressed for most of the year, so as the market price improves volume should increase.

Reason for Selling:

Health Reasons.

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.

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