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SCRAP METAL Facility w/Property

Baker, FL (Okaloosa County)

Seller Financing Available
SCRAP METAL Facility w/Property

Asking Price: $465,000

Gross Income: N/A

Cash Flow: N/A

EBITDA: N/A

FF&E: $125,000

Inventory: $50,000*

Real Estate: $690,000*

Established: 1980

Employees: 3+

*not included in asking price.

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Business Description

The seller says that the business has the ability to gross many millions per year with a capital injection and new management in place. The business has been Used Auto Parts for many years but has evolved into a Scrap Metal Facility with an office and parts building, a sandblasting building and clean equipment and parts building. The business buys all Metals, Alum, Copper, and Stainless Steel, and vehicles of all types for scrap primary. Presently the business has a scrap metal contract with Eglin Air force Base, also another contract from Govliquadatios is for Steel, Breakage, Copper, Aluminum, Stainless, and Lead . Presently there are contracts in place with the government. Equipment available is a Dresdner 520 loader, NASCO 4x4 Fork lift, 2 Hyster Forklifts, 2 Rollbacks, an 04 Ford and 96 International, 3ea 700 Ford trucks, one has a clam shell loader on it , 20 ft dump trailer, totter truck to pull and operate dump trailer. There are 3 car lifts in building 60ft Fairbanks scale. There are all kinds of tools, too many to name and several sets of small scales including a 20,000 lb that is battery operated and can be moved, and a downward Bailer. In review, the business may be purchased separately for $465,000 with a lease on some or all of the property available and the use of the licenses until the property is sold to the business purchaser/owner or another individual investor. In addition to the 3.5 acres of Industrial zoned property with buildings and equipment being used presently for the business and offered above for $690,000 there is another 3.5 acres of Industrial contiguous for an additional $325,000 plus 32 more acres in the rear that is also contiguous for an additional price of $1,250,000. This 32 acres can be purchased in whole or in part. The rear property is scattered with scrap and autos that has been used in the business for many years which can be grandfathered into the other industrial acres where this business is located.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This Scrap business is located on approximately 3-1/2 acres of Industrial use property with Equipment & Buildings.
Competition:
There is only one other similar business in the area.
Growth & Expansion:
The growth potential is tremendous.
Financing:
Seller may finance a portion to qualified buyer
Support & Training:
Seller will provide support and training for the buyer.
Reason for Selling:
Seller is retiring

Listing Status for Premium Members

Ad#: 620647

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from currently available funds
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Theodore M. Perkins, Jr.

Business Listed By:
Theodore M. Perkins, Jr.

Destin Business Brokers

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