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Listed by:

Kensington Company

Scrap Metal Business With Property For Sale

NYC, New York, US
Asking Price:
$4,300,000
Sales Revenue:
$2,487,324
Cash Flow:
$880,000

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 Information

Real Estate:

Lease