Scrap Metal Recycling Company - 15936 Business Type: owner financing available,misc. service/non-classifiable
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $70,000 | Down Payment | $10,000 |
| Gross Revenues | $150,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $70,570 | Number of FT Employees | Register Free to View |
Financing
$10,000 Down and Seller will not hold paper,
Business Description
This a small but very profitable scrap metal recycling company. They are the only recycling business within 30 miles in all directions. They process more than 12,000 dollars of profitable metal each month, thus this business will pay for itself in a very short time. This business has been in existence for over 20 years. Seller wishes to retire and move back to his home state. All property is on a long term lease and renewable, plus transferable to new owner. All equipment that is leased can be transferred to new owner, LONG term contracts with bottle companies is transferable with equipment furnished by the bottling companies at no cost. All other owned equipment in working order, two other pieces of equipment go with the business. The equipment is old and works well but may need to be replace in the future. General maintenance is required on equipment but no major work. This is a good cash flow business and can be run by non experienced person. Great profits to the owner, or it can be a great starter for someone just getting out of school and looking for a easy to run, fast cash income, or large cash flow company. With the economy at a slow pace, this business is a recession proof business and booming at this time. A great low investment business.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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