Recycling Plants, 3 Locations in Northeast USA, Scrap Metals

North East

Recycling
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Asking Price: $8,500,000

Cash Flow: $1,016,831

Gross Revenue: $10,817,285

EBITDA: $1,016,831

FF&E: $2,000,000

Inventory: $700,000

Real Estate: N/A

Established: 1938

Recycling Plants, 3 Locations in Northeast USA, Scrap Metals

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Business Description

A lucrative recycling and scrap metal company and scrap metal processor providing specialized services.

Company recycles scrap metal of all types, of any quantity, and have a wide variety of service offerings to fit their client’s specific needs.

State of the art equipment which maximizes efficiency and gets the clients in and out of the yard - FAST!

Company has the ability to test all scrap metal materials with state-of-the-art spectro analysis equipment.

Services industrial, commercial, and individual accounts both locally and nationally.

The company consists of 3 operating locations.

Proper location and zoning issues are critical to success. Also, the company is setup in key markets with established channels making new entry prohibitive to competitors.

Gross sales have grown from $7.6 Million in 2016 to $10.8 Million in 2017. A 20% increase in sales.

EBITDA in 2017 was over $1 Million.

For more information contact Jim Kniffen at Gulfstream Mergers & Acquisitions (704) 892-5151.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
18
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3 locations, fully equipped facilities. The processing, transportation, and facilities have all been heavily invested in over the past several years and the company is ready for more increased business.
Competition:
The company consists of 3 operating locations. Proper location and zoning issues are critical to success.
Growth & Expansion:
New equipment and new sales are growing the company at a healthy rate.
Support & Training:
Sellers will train
Reason for Selling:
Retirement
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(from currently available funds)
 
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Jim Kniffen

Business Listed By:
Jim Kniffen

Gulfstream Mergers & Acquisitions

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