Metal Recycling
Iowa
| Asking Price: | $5,950,000 |
| Gross Revenue: | $7,455,584 |
| FF&E: | $2,211,795 |
| Established Year: | 1980 |
| Cash Flow: | $1,136,764 |
| Inventory: | $514,345 |
| Real Estate: | $900,000 |
Listing ID: 2276156Listing provided by BizBuySell
BUSINESS DESCRIPTION
The business is a well established Metal Recycling center providing recycling for ferrous and non ferrous materials. The company serves many industrial accounts with onsite containers and/or dump trailers.
DETAILED INFORMATION
Location
Iowa
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business is located on seller owned property and is sold in the sale of the business assets. Property is fully equipped with great access to multiple transportation routes.
Competition
There are other dealers in the area that provide consumer recycling. All competitors have found an industry to serve and there is very little crossover or customer erosion.
Growth & Expansion
As the economy continues to stabilize following a period of high inflation and volatile commodity prices, the company is likely to experience increased profitability and expansion of their operations. As climate initiatives continue to call for recycled materials, this will contribute to a higher demand for raw materials, including ferrous and non-ferrous metals, in the industrial sector. Additional staff will increase the thru put of industrial tonnages and allow for further expansion into industrial market and reentry into the post-consumer market.
Support & Training
Will train for 1 week @ $0 cost.
Reason for Selling
Owner is Retiring.
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