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- RE: Metal Recycling
- Contact: Michael Rooney
Quick Facts
Asking Price: | $5,950,000 | |
Annual Revenue: | $7,455,584 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,136,764 | |
Total Debt: | Not Disclosed | |
FF&E: | $2,211,795 | |
Real Estate: | $900,000 | |
Year Established: | 1980 | |
Employees: | 5 | |
BBN Listing #: | 952788 | |
Broker Reference #: | 5001-18514 |
Business Overview:
The business is a well established Metal Recycling center providing recycling for ferrous and non ferrous materials. The company serves many industrial accounts with onsite containers and/or dump trailers.
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Property Features and Assets:
The business is located on seller owned property and is sold in the sale of the business assets. Property is fully equipped with great access to multiple transportation routes.
Assets = $3,626,140
Market Competition and Expansion:
There are other dealers in the area that provide consumer recycling. All competitors have found an industry to serve and there is very little crossover or customer erosion.
As the economy continues to stabilize following a period of high inflation and volatile commodity prices, the company is likely to experience increased profitability and expansion of their operations. As climate initiatives continue to call for recycled materials, this will contribute to a higher demand for raw materials, including ferrous and non-ferrous metals, in the industrial sector. Additional staff will increase the thru put of industrial tonnages and allow for further expansion into industrial market and reentry into the post-consumer market.
Reason for Selling:
Owner is Retiring.Additional 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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