Outstanding Metal Recycling Center
Location:
United States
->
Kentucky
Industry: Wholesale and Distribution > Wholesale and Distribution
Business Summary
Outstanding Metal Recycling Center for sale - This ''neat as a pin'' facility is a highly efficient and well located money maker. The equipment, buildings and the yard itself are vastly superior in quality and capabilities vs. the typical or average recycling center. Despite the relatively fast fall in scrap metal prices that began in August of last year, the company was very profitable in 2008. The business was open during the last seven months of 2008, and the sales / revenues and profits / cash flows are the result of a linear extrapolation of those seven months. The Intermediary has access to other metal recycling centers in this part of our nation that could be purchased simultaneously and enlarge and complement the operations of this business. These other facilities could, for example, be of interest to Buyers with minimum size, revenue or purchase price constraints, as their simultaneous acquisition would create a larger business to be purchased.
Furniture, Fixtures, & Equipment: $2,018,000
Vehicles and / or rolling stock: $-0-
Inventory: $50,000
Accounts Receivable (if included): $-0-
Land and Building (if included): $2,000,000
Other Assets: $-0-
Current Liabilities to be assumed: $-0-
Current Notes to be assumed $-0-
Asking Price: $6,500,000
Down Payment: $1,300,000
Annual Sales Volume: $4,035,000
Cash Flow: $1,275,000
Financials
Asking Price Range: $5.0M - $10.0M
Gross Revenues:
$4,035,000
Cash Flow:
$1,275,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $2,018,000
Seller Financing: Not Disclosed
About The Business
Year Established: 2008
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Not needed, as Sellers are willing to stay.
Reason For Selling: The Sellers desire liquidity, as they have a lot of their Net Worth tied up in this facility.
Click on the "I'm Interested" button above for more information on this Wholesale and Distribution > Wholesale and Distribution business for sale.
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Print Listing Id: 700110820
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