Leading recycler in business friendly Lyon County, Nevada
Location: Nevada > Washoe County > Reno
Industry: Business Services > Waste Services
Financials
Asking Price: $750,000
Gross Revenue: $1,035,634
Cash Flow: $355,853
Seller Financing: All cash and this is an SBA eligible business that has been prequalified.
Business Summary
Leading recycler of scrap metal in both Ferrous and Non Ferrous Metals. They are getting much heavier into the Non Ferrous market and business is skyrocketing. Numerous machines specializing in various tasks, wire stripper, a granulator and shearer, trucks, loaders, scales etc. They manufacture bins and have bigger truck to do drop off and pick-up with enough material on site to make 150 more. From a Regional perspective, the Northern Nevada area comprised of Reno, Sparks, Carson City and Lake Tahoe is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. This high desert region nestled at the base of the Sierra Nevada mountain range is consistently ranked as one of the top places in America to live and do business because of its diversified economy, desirable climate, and quality of life. In quality of life studies, Men's Journal Magazine ranked Reno eighth among America's "50 Best Places To Live" and Cities Ranked and Rated Magazine named Reno ninth out of 331 cities among the best places to live. As a State, Nevada is also highly regarded. For example, Nevada was recently voted the best small business state in the country by the Washington-based Small Business Survival Committee. Secondly, The Small Business Survival Index 2007 ranked Nevada second best in the nation for small business and entrepreneurship. Thirdly, The Center for Women's Business Research ranked Nevada third in the nation for growth in Women-owned firms. From a Business perspective, Forbes Magazine ranks Reno 25th out of 150 cities for doing business. The Forbes/Milken Institute ranks Reno 26th out of 200 cities in their study "Best Performing Cities: Where America's Jobs Are Being Created".
About the Business
Year Established: 2004
Employees: 6 full time -
Facilities: Large warehouse facilities with a huge yard for scrap metal. Building is 8,000 square feet. Monthly rent is $5,500. Also have a recieving station in another location and the possibility for two more receiving stations in two outlying areas
Market Outlook and Competition: One of the largest and fastest growing scrap metal recyclers in the area. with specialized areas of expertise and capabilities. Rapidly growing in the non ferrous market. Additional recieving location would greatly increase profitability.
About the Sale
Management Training and Support: Negotiable
Reason For Selling: Retirement

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BizQuest ID:922557
Business Listed By
Name:The Liberty Group of Nevada, LLC
Company:The Liberty Group of Nevada, LLC
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