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.
- Asking Price:
- Undisclosed Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $7,455,584
- Cash Flow:
- $1,136,764
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
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.
Business Operation
- Expansion Potential:
-
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.
- Competition / Market:
-
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.
- Reasons for selling:
-
Owner is Retiring.
- Trading hours:
-
Monday-Friday 7am-5pm
- Employees:
- 5 FT
- Years established:
- 44
Other Information
- Support & training:
-
Will train for 1 week @ $0 cost.
- Furniture / Fixtures value:
- $2,211,795 - included in the asking price
- Inventory / Stock value:
- $514,345 - included in the asking price
