State of the Art Tri-County Metal Recycling

Not Disclosed, FL
Miami Dade County


Asking Price: Annual Revenue:
$27,000,000 $21,473,587

Services: Green Businesses - Recycling


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RE: State of the Art Tri-County Metal Recycling Broker: Annis Cherkaoui

Quick Facts

Asking Price: $27,000,000
Annual Revenue: $21,473,587
Net Profit: Not Disclosed
Cash Flow: $4,949,160
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2005
Employees: 30
BBN Listing #: 4223630
Broker Reference #: 0101313426

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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. In 2018 the company purchased major equipment (2018 THOR 2121 Shredder, 2018 Sierra SLK 715 Shear/Baler and more…) not utilized yet.
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.

THE TRANSACTION
Type of Transaction Asset Purchase and Sale or Stock Based on an Enterprise Value
The Company operates out of one owned and two leased facilities.
Included in Sale Names, Goodwill, Contracts, All Equipment (+/- 10 Million-dollar), Other Fixed Assets, Inventories, Transition Period, Agreement Not to Compete. Please refer to listing 0101313426 Business Broker Annis Cherkaoui, when inquiring about this listing.

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Market Competition and Expansion:

Miles Seller Not to Compete Within 3 Number of Years Seller Not to Compete For 3

Reason for Selling:

Health

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.

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