Western Kentucky Metal Recycling Center
Location Kentucky,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2044000
Net Profit / Cash Flow $375000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1988
Number of Employees 4 - 5
Inventory 500000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training Seller will train if paid to do so.
Reason for Sale Retirement - Seller is 65 and has had 2 heart attacks.
Description 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
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