71298-Recycling: Ferrous and Non-Ferrous

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71298-Recycling: Ferrous and Non-Ferrous

Asking Price:$18,000,000

Cash Flow:$1,380,000

Gross Revenue:$15,211,000

EBITDA:N/A

FF&E:$2,200,000

Inventory:$70,000

Real Estate:N/A

Established:1989

71298-Recycling: Ferrous and Non-Ferrous

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Business Description

All-inclusive! This company specializes in recycling and processing ferrous and non-ferrous metals. The company’s primary services include purchasing scrap metals, automobiles, and assorted batteries and processing them into valuable material. The company operates from a 22,000- square foot facility on 7 acres which the owner owns and will sell to the new owner. Recycling requires a substantial facility, specialized equipment, and a capable workforce. The company has a proven track record supported by the longstanding reputation it maintains with its customers. With its broad range of services, the company’s marketing efforts focus on targeting individuals as well as commercial and industrial metal suppliers. Revenues have been decreasing 20% over the past 5 years as a result of the decrease in commodity prices. Last year, the company’s total revenue was $10,084,696 with an EBITDA of $426,601. Given the rebounding price of commodities, the company is on track to generate over $15,000,000 in revenue in 2017 and over $1,000,000 in EBITDA.
This company, which was established in 1989, was founded by the owner and has an excellent reputation in the industry. The owner and her son will stay several months to help with the transition. The owner will provide guidance to the new owners to enable them to take advantage of the various opportunities to increase the revenue within a brief period. The current owner wants to retire, but the buyer will have a solid foundation on which to continue to build this business to two or three times its current size in a short time frame.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
13
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The facility has 22,000 square feet with a storage, production and office area. The Owner holds the real property in a separate entity and leases it to the Company. Property included in the sale.
Support & Training:
While the owners are available for standard transitioning, the rest of the staff will most likely be willing to stay on after the sale.
Reason for Selling:
Approaching retirement.

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