*included in asking price.
Located in the southeast this metal recycling business is growing. Revenue in 2020 was $3.6MM, 2021 Revenue $7.1MM. For 2022 revenue came in at $8MM. The seller’s discretionary earnings for 2021 were in the $900,000 range and 2022 exceeded $1.1MM. They own the real estate which is part of the asking price, also included is $3MM in equipment with over 100 roll-off dumpsters.
We will provide more detailed information to serious inquiries.
Inventory: Included in asking price. Real Estate: Included in asking priceBuilding SF:N/AFurniture, Fixtures, & Equipment (FF&E):Included in asking priceFacilities:Their facilities meet the environmental standards and are well suited for recycling metals. 20 acres.Competition:The business has experience a strong growth spurt which the management believes will be maintained. They brought in automobiles and currently process about 300 per month.Growth & Expansion:Thee is a good upside to this business. They currently have the capability to expand on their 20 acre facility and increase the number of automobiles they process. Also they are adding roll off dumpsters to their equipment list due to the high demand.Support & Training:As needed.Reason for Selling:Other business interests.