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- RE: Metal Recycling Eco Business
- Contact: Charles Spickert,
Quick Facts
Asking Price: | $3,200,000 | |
Annual Revenue: | $2,125,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $685,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $1,200,000 | |
Real Estate: | $700,000 | |
Year Established: | 2010 | |
Employees: | 5 | |
BBN Listing #: | 988142 | |
Broker Reference #: | 202505 |
Business Overview:
+15 years in business, Turnkey, Land, Building and Equipment Included
This eco-friendly business is a leader in their market for recycling, specializing in non-ferrous metals like copper, aluminum, insulated wire and stainless steel. Established in 2010, the company also recycles lead acid batteries, evacuates freon from refrigerators and AC units and loads/ships scrap metal from two local landfills on exclusive contracts. With its own truck scale, scrap yard, building with scales, approx. 150 roll off bins and fleet of roll off and semi-trucks and trailers, as well as specialized software, this business is turnkey. It is a straight-forward business…customers bring recyclable materials to the company’s yard and/or fill roll off bins, the materials are sorted, customers are paid a percentage of the commodity’s value and materials are accumulated for transport to sites where the company is paid full value. Family owned and operated, the ideal buyer is an existing recycling company or entrepreneur looking to get into a sustainable eco-friendly business.
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Property Features and Assets:
Ideally located just off a major interstate highway, 2.38-acre yard with 3,200 sf building, comprised of 400 sf of office and 2,800 sf shop/warehouse space. The real estate, valued at $700,000, is included in the purchase price.
Market Competition and Expansion:
Competition:The business has several market advantages over other recycling businesses in the region, including partnerships with local landfills.Eighty percent of business is repeat customers.Competitors exist in adjacent counties, but travel time and costs keep customers coming back to this local operation which primarily services a three-county area.
Growth and Expansion:Metal recycling has been a sustainable business for generations.All three counties served by this business are projecting strong organic and in flow population growth.New opportunities exist to expand roll off and scrap pick-up services, as well as recycling of batteries from electric vehicles and products.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- 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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