Scrap Metal Business with Property For Sale

NOT DISCLOSED, New York

Asking Price $4,300,000 Year Established
Annual Revenue $2,487,324 Reason for Selling  
Annual P/L $0 Attention Ken Stein
Annual Cash Flow $880,000 Listing Number 1007983  
# of Employees 6 Business Category Services: Green Businesses - Recycling

Business Overview:

Rare opportunity to own a fully operational, well-established HIGHLY Profitable scrap metal recycling business AND the Real Estate Property in one of the 5 Boroughs of New York City. With a 30-year proven track record, this is a turnkey operation that generates tremendous ROI. This business is located in a high-demand industrial area in NYC with easy access for suppliers and customers, has all the necessary permits and licenses and this opportunity can NOT be duplicated. This business handles ferrous and non-ferrous metals and services both commercial and individual clients. Features include a yard, weigh scales, forklifts, containers, and processing equipment. With strong ties to construction companies, contractors, and manufacturing clients, this business is primed for growth or expansion into related recycling services. The purchase MUST be for BOTH the business and the Real Estate. Business is priced at $2.5m and the Seller will offer financing for a qualified buyer. Real Estate is price at $1.8m, total Purchase Price for the Business and Property is $4.3m. Please refer to listing number 16028. ONLY financially qualified candidates should inquire about this opportunity.

Property Features and Assets:

Market Competition and Expansion:

Additional Details:

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

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