Northern California Recycle Center

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Asking Price:
$800,000

Gross Revenue:
$2,783,000
Cash Flow:
$291,000
EBITDA:
$291,000
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This has become one of the top public recycling centers in the Northern California area by maintaining a high level of service and organization. Due to the facilities, extensive size, ease of access and organization, it maintains a high and consistent traffic flow. Opportunity for growth exists in pursuing commercial recycling accounts with businesses that regularly produce scrap metals. There also exists opportunity for growth in the purchase of materials from other recycling centers to combine for overseas shipments to other domestic mills or processors. Over the last 5 years, it has become increasingly difficult to obtain a recycling permit in the City. Most cities and counties have been closing small recycling kiosks, which has led to a growing volume of CRV at this facility. It is not anticipated that another recycling center will be able to obtain the necessary permits to open a new facility in the existing service area, which puts this company in a strong and unique position to continue to grow. The primary customer is the retail public though they also have a large base of commercial customers that utilize the facility to recycle the materials generated in their businesses including electrical contractors, plumbers, and HVAC contractors. They average over 150 tickets per day and approximately 100 unique customers per day. It is estimated that they have between 5,000 to 10,000 unique customers in any given year. Most of the business is generated through word of mouth and the internet.. They have not actively advertised in any other place or medium for several years. Customer word of mouth is always the most effective marketing and they have 45 Google reviews with an overall rating of 4.5. It is likely this that they attribute an increasing percentage of customer traffic from the Internet. There remains opportunity for growth both in advertising as well as developing a stronger commercial account business would be valuable in further growing sales and volumes. This business can be easily operated semi absentee. The current owner works 4 to 10 hours per week with a Sellers of $291,000.

About the Business

Location:
Otero County, New Mexico
Number of Employees:
14
Facilities:
15,000 + facility in excellent Northern California location
Market Outlook/
Competition:
Top facility in their area.
Growth & Expansion:
Excellent opportunity for growth. See write up
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About the Sale

Reason For Selling:
Other business interests
Training/Support:
As needed for smooth transition. Good management team in place

Listing Info

ID:
1509662
Ad Detail Views:
553

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Business Listed by

Bill Garcia, CBI

M&A Business Advisors
License# DRE License # 00426763/ 02056712

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Sponsoring Broker:

Katrina Loftin, CBI M&AMI
M&A Business Advisors
License# 32417

U.S. Census Data for Otero County, NM
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Otero County, NM
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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