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Recycler of ferrous, non-ferrous and precious metals

Wilmette, IL (Cook County)

Seller Financing Available
Recycler of ferrous, non-ferrous and precious metals
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Asking Price: $1,500,000

Cash Flow: $580,000

Gross Revenue: $2,000,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Recycler of ferrous, non-ferrous and precious metals

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Business Description

14 year old established corporation specializing in the recycling of precious, ferrous and non-ferrous metals. Also recycling liquids and hard metals.
Solid customer base rooted with a long history of calling on electronic manufacturers for fabrication and assembly.
The corporation has a diverse structure of buying and selling equipment used in the electronics business and provides a service to the electronics manufacturing industry he calls on.
Owner reaching retirement age and wants to transition out of business in the next few years and will train the new owner(who has some experience in this field) to take over. Solid returns year after year with very profitable margins. The corporation has audited returns from a CPA demonstrating a solid return for the entire time he has been in business. Entire business is run out of a home.

Detailed Information

Location:
Wilmette, IL
Employees:
2
Facilities:
Entire business can be worked from home office. (Home Based)
Growth & Expansion:
The corporation has a diverse structure of buying and selling equipment used in the electronics business and provides a service to the electronics manufacturing industry he calls on.
Financing:
Prospective buyer must demonstrate financial stability to purchase the business.
Support & Training:
Will train the new owner (who has some experience in this field) to take over.
Reason for Selling:
Retiring
Home-Based:
This business is Home-Based
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Robert Uhland

Business Listed By:
Robert Uhland

Chicagoland Business Broker

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