Western Kentucky Metal Recycling Center
Location:
United States
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Kentucky
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Western Kentucky
Industry: Wholesale and Distribution > Wholesale and Distribution
Business Summary
Western Kentucky Metal Recycling Center - This business is very well established and has demonstrated excellent performance, with 2008 sales up over 16% relative to the previous year. The performance of this business is very well documented, with ''every penny'' accounted for. Yet, there are several fairly straightforward ways to achieve yet higher performance in the future. The Intermediary has access to other metal recycling centers in this part of our nation (some of them larger than this facility) that could be purchased simultaneously and which would enlarge upon 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. The Seller is ready to retire due to the fact that he has had two heart attacks and because of his age. While the 2008 Revenue is known, 2008 Cash Flow is estimated based upon the Average Cash Flow / Average Revenue ratio determined from the 2006 and 2007 actual performance of the business.
Furniture, Fixtures, & Equipment: $315,000
Vehicles and / or rolling stock: $135,000
Inventory: $50,000
Accounts Receivable (if included): $-0-
Land and Building (if included): $150,000
Other Assets: $-0-
Current Liabilities to be assumed: $-0-
Current Notes to be assumed $-0-
Asking Price: $2,000,000
Down Payment: $400,000
Annual Sales Volume: $2,044,000
Cash Flow: $375,000
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$2,044,000
Cash Flow:
$375,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $500,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1988
Number of Employees: 4 - 5
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Seller will train if paid to do so.
Reason For Selling: Retirement - Seller is 65 and has had 2 heart attacks.
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: 700113070
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