Scrap Metal Salvage
Location: United States -> Illinois -> Illinois
Industry: Retail > Other Retail
Businesses for sale Summary
Scrap metal salvage company. In business since 1981. Located in central Illinois on 9.2 acres with I-70 visibility, zoned heavy industrial. Turnkey operation. Business includes 20+ pieces of perfectly maintained, late model, low mileage/hour heavy duty trucks, cranes, and trailers used to dismantle scrap metal from the job site, and haul to yard, then for delivery to a processor. Clean state-of-the-industry yard complete with new 100-ton scale and shop. Growth potential in auto salvage and non-ferrous scrap salvage. Owner has operated this business since day 1 and has earned retirement time.
Priced to move quickly. For right buyer – owner will take back mid-6 figures over 10 years.
Business is great and this industry is poised to make a 2nd quarter 2009 recovery.
Call Jim Meeker at 314-210-5997 or our office at 314-842-3802 and ask about ID#1232JM.
Financials
Asking Price Range: $1.0M – $2.5M
Gross Revenues: $656,373
Cash Flow: $235,232
Cash Flow Type: Sellers Discretionary Cash
Inventory: $1,065,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1900
Number of Employees: 1 – 3
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Owned
Property: Property For Not Applicable
About The Sale
Management Training and Support: yes – 2 months
Reason For Selling: Retiring
