41 yr old Recycling Business Reduced $100K March 21st

Seller Financing Available
Recycled Steel Bales
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Asking Price: Get Financing: $900,000

Cash Flow: $273,622

Gross Revenue: $1,716,147

EBITDA: N/A

FF&E: $475,000

Inventory: N/A

Established: 1977

*not included in asking price.

41 yr old Recycling Business Reduced $100K March 21st

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Business Description

This long standing recycling business is well established in the region as well as the industry. It works primarily with non ferrous metals. It has many regular customers from whom it picks up material as well as a significant number of customers who drop off recycled material. It has done little marketing and does not have a web site. It shows significant profit with much room to grow. This business is well equipped with trucks, trailers and processing equipment to handle large volumes of recycled material. In addition to all kinds of aluminum, also recycles volumes of brass, copper, stainless steel, die cast iron , batteries,, cardboard, steel,

Detailed Information

Employees:
7 FT, 2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Valuable location highly visible from major interstate highway. $9,723 s.f building well designed for recycling with room to grow.
Competition:
Dominant recycler for aluminum and other metals in large geographic area. Very well know due to long family history has created a tremendous amount of goodwill
Growth & Expansion:
Business is expected to continue to grow as the area improves. economically. Oner has done almost no marketing relying entirely on reputation and word of mouth.advertising.
Financing:
200000
Support & Training:
Owners are willing to stay to work with owner as long as necessary for smooth transition.
Reason for Selling:
Owners are looking forward to retirement after a good 41 years in the business.
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Contact the Seller

(from currently available funds)
 
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John Lichter

Business Listed By:
John Lichter

Sunbelt of Morgantown

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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