Listing Number: 0101-298270
14 years of recycling gives this South Florida scrap metal business an impressive trading record, a substantial amount of goodwill, and all the “Big Boys Toys” you’ll ever need are included in the sale. The owner managed to finance the company’s growth entirely from cash flow.
The company purchases a variety of scrap metals from individual and commercial accounts, sorting and processing the metals into specification grade commodities and resells them as valuable feedstock material to industrial partners.
Due to health reasons the seller has decided to retire. The Company operates in an industry estimated to approximate $39.4bn.
The motivation for a sale is both to generate liquidity for the company’s shareholders as well as to better align the company with an organization that will enable it to reach the next level of success.
- Price: $11,500,000
- Down Payment: $4,494,990
- Sellers Discretionary Earnings: $3,064,452
- Total Sales: $13,895,640
- Location: Miami-Dade County, Florida
- Inventory: $500,000
- FF&E: $3,500,000
- Employees: 30
- Year Established: 2005
- Reason for Selling: Other Interest
- Category: Environmental Rltd