Business Summary:
Outstanding Metal Recycling Center – This “neat as a pin” facility is a highly efficient and well located money maker. The equipment, buildings and the yard itself are vastly superior in quality and capabilities vs. the typical or average recycling center. Despite the relatively fast fall in scrap metal prices that began in August of last year, the company was very profitable in 2008. The business was open during the last seven months of 2008, and the sales / revenues and profits / cash flows are the result of a linear extrapolation of those seven months. The Intermediary has access to other metal recycling centers in this part of our nation that could be purchased simultaneously and enlarge and complement the operations of this business. These other facilities could, for example, be of interest to Buyers with minimum size, revenue or purchase price constraints, as their simultaneous acquisition would create a larger business to be purchased.
Furniture, Fixtures, & Equipment: $2,018,000
Vehicles and / or rolling stock: $-0-
Inventory: $50,000
Accounts Receivable (if included): $-0-
Land and Building (if included): $2,000,000
Other Assets: $-0-
Current Liabilities to be assumed: $-0-
Current Notes to be assumed $-0-
Asking Price: $6,500,000
Down Payment: $1,300,000
Annual Sales Volume: $4,035,000
Cash Flow: $1,275,000
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