State of the Art Tri-County Metal Recycling Co.

Not Disclosed, FL
Miami Dade County

Asking Price: Annual Revenue:
$11,500,000 $13,895,640

Services: Green Businesses - Recycling

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RE: State of the Art Tri-County Metal Recycling Co. Broker: Aniss Cherkaoui
Owner Financing is Available!
Owner Financing Terms $2,500,000.00 Owner Financing Interest 5% Owner Financing Terms Months 120 Owner Financing Monthly Payment $26,516.00 Seller Financing Available Assumable Financing Amount $0.00 Assumable Financing Interest Assumable Financing Term Months 0 Assumable Financing Monthly Payment $0.00 Lender Prequalified Other Financing Amount $5,000,000.00 Other Financing Interest 7.25% Other Financing Term Months 120 Other Financing Monthly Payment $58,701.00

Quick Facts

Asking Price: $11,500,000
Annual Revenue: $13,895,640
Net Profit: Not Disclosed
Cash Flow: $3,064,452
Total Debt: Not Disclosed
FF&E: $3,500,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 30
BBN Listing #: 5457630
Broker Reference #: 0101298270

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Business Overview:

14 years of recycling gives this South Florida scrap metal business an impressive trading record, a substantial amount of goodwill, and all the “Big Boys Toys” you’ll ever need are included in the sale. The owner managed to finance the company’s growth entirely from cash flow.
The company purchases a variety of scrap metals from individual and commercial accounts, sorting and processing the metals into specification grade commodities and resells them as valuable feedstock material to industrial partners.
Due to health reasons the seller has decided to retire. The Company operates in an industry estimated to approximate $39.4bn.
The motivation for a sale is both to generate liquidity for the company’s shareholders as well as to better align the company with an organization that will enable it to reach the next level of success.Please refer to listing 0101298270, Business Broker Annis cherkaoui when you inquire about this listing.

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Property Features and Assets:

Type of Location Industrial; Facilities Monthly Rent $38,000.00; Square Units (Foot, Meter) 200,000; Lease Expiration Date October 7, 2020, 12:00:00 AM; Terms Options Open.

Market Competition and Expansion:

Miles Seller Not to Compete Within 10,000 Number of Years Seller Not to Compete For 5

Reason for Selling:

Other Interest

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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