Metal Recycling Company with Land

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Established 14 Years!
Asking Price:
$27,000,000

Gross Revenue:
$21,473,587
Cash Flow:
$4,949,160
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$500,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

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. In 2018 the company purchased major equipment (2018 THOR 2121 Shredder, 2018 Sierra SLK 715 Shear/Baler and more…) not utilized yet.
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.

THE TRANSACTION
? Type of Transaction Asset Purchase and Sale or Stock Based on an Enterprise Value
? The Company operates out of one owned and two leased facilities.
? Included in Sale Names, Goodwill, Contracts, All Equipment (+/- 10 Million-dollar), Other Fixed Assets, Inventories, Transition Period, Agreement Not to Compete. Please refer to listing 0101313426 Business Broker Annis Cherkaoui, when inquiring about this listing.

About the Business

Year Established:
2005
Number of Employees:
30
Market Outlook/
Competition:
Miles Seller Not to Compete Within 3
Number of Years Seller Not to Compete For 3
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About the Sale

Reason For Selling:
Health
Training/Support:
Seller willing to train for 4 weeks at no cost

Listing Info

ID:
1625422
Ad Detail Views:
0

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Business Listed by

Andrew Cagnetta

Transworld Business Brokers, LLC.
License# 6021776

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