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Quick Facts
Asking Price: | $8,200,000 | |
Annual Revenue: | $8,000,000 | |
Net Profit: | $1 | |
Cash Flow: | $1,000,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 3,000,000 | |
Real Estate: | $600,000 | |
Year Established: | 2015 | |
Employees: | 18 | |
BBN Listing #: | 427130182 | |
Broker Reference #: | 090520221 |
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Business Overview:
Located in the southeast this metal recycling business is growing. Revenue in 2020 was $3.6MM, 2021 Revenue $7.1MM. For 2022 revenue came in at $8MM. The seller's discretionary earnings for 2021 were in the $900,000 range and 2022 exceed $1.1MM. They own the real estate which is part of the asking price, also included is $3MM in equipment with over 100 roll-off dumpsters.
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Property Features and Assets:
Located in the southeast this metal recycling business is growing. Revenue in 2020 was $3.6MM, 2021 Revenue $7.1MM. For 2022 revenue came in at $8MM. The seller's discretionary earnings for 2021 were in the $900,000 range and 2022 exceed $1.1MM. They own the real estate which is part of the asking price, also included is $3MM in equipment with over 100 roll-off dumpsters.
Market Competition and Expansion:
Located in the southeast this metal recycling business is growing. Revenue in 2020 was $3.6MM, 2021 Revenue $7.1MM. For 2022 revenue came in at $8MM. The seller's discretionary earnings for 2021 were in the $900,000 range and 2022 exceed $1.1MM. They own the real estate which is part of the asking price, also included is $3MM in equipment with over 100 roll-off dumpsters.
Reason for Selling:
Other businesses.
Additional Details:
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