Outstanding Metal Recycling Center
Location Kentucky,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $4035000
Net Profit / Cash Flow $1275000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2008
Number of Employees 10 - 19
Inventory 2018000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Not needed, as Sellers are willing to stay.
Reason for Sale The Sellers desire liquidity, as they have a lot of their Net Worth tied up in this facility.
Description 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
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