State-of-the-Art Tri-State Metals Recycling Co with Recurring Revenue

Bergen County, NJ

Seller Financing Available
State-of-the-Art Tri-State Metals Recycling Co with Recurring Revenue
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Asking Price: $11,000,000

Cash Flow: $1,884,332

Gross Revenue: $12,357,490

EBITDA: N/A

FF&E: $4,859,000

Inventory: $1,765,000*

Rent: $35,000 /Month

Established: 1988

*not included in asking price.

State-of-the-Art Tri-State Metals Recycling Co with Recurring Revenue

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Business Description

A VERY IMPORTANT BUSINESS!

Business Description:
THIS RESPECTED COMPANY HAS MAINTAINED REVENUE GROWTH OVER THE LAST 3 YEARSAND MAINTAINED THEIR MARGINS.

Company has maintained their profit margins or held as close as possible in the handling, gathering, bundling and exporting of scrap metal, waste removal, and light demolition. Great company to add to your portfolio.

Environmentally conscientious. The newer facility opened in 2002.

Company has over 50 years of experience in handling scrap metal, waste removal, and light demolition.

Environmentally conscientious.

The newer facility opened in 2002.

Dedicated staff is always willing to assist you with any questions regarding your scrap metal or waste removal needs.

Buys and Sells metals based on company current market pricing for both domestic and export. Located in a premier location for exporting materials.

Servicing large corporate accounts as well as medium and small businesses.

Currently purchasing materials around the country as far south as Miami, Florida and as far west as California.

Purchased metals either ferrous or non- ferrous are upgraded and cleaned at our modern facility.

They Pride themselves on maintaining long- term relationships with our customers.

Thus creating constant recurring revenue.

Historical Summary:
The Company has been in business for 50 years and moved into the current State-of the -Art facility in 2002.

The Company is one of the Best Known in the Tri-State-Area.

THIS COMPANY MAINTAINS IT’S PROFIT MARGINS ON A CONSTANT BASIS.

Even as the market ebs and flows this company has maintained their profit margins or held as close as possible in the handling, gathering, bundling and exporting of scrap metal, waste removal, and light demolition.

Environmentally conscientious.

The newer facility opened in 2002.

Dedicated staff is always willing to assist you with any questions regarding your scrap metal or waste removal needs.

Buys and Sells metals based on company current market pricing for both domestic and export.

Located in a premier location for exporting materials.

Servicing large corporate accounts as well as medium and small businesses.

Currently purchasing materials around the country as far south as Miami, Florida and as far west as California.

Purchased metals either ferrous or non-ferrous are upgraded and cleaned at our modern facility.

This company pride’s themselves on maintaining long-term relationships with their customers.

Newer Clean Modern facility with State of the art equipment, State Certified Digital Truck Scale, Sennebogen Grapple, Front End Loader,2- Labounty Shears,1 Genisis Magnum Shear, Sierra Baler, Harris Baler - 2 Downstroke Balers, 5-Bobcat front end loaders,6- forklifts, wire strippers and more to handle all your scrap needs.

Constantly upgrading the facility and equipment.

A 100kw solar panel system installed in 2010, and continue researching new environmentally safe ways to handle all your metals and help to promote a green environment.

The Company has been in business for 50 years and moved into the current State-of the -Art facility in 2002.

The Company is one of the Best Known in the Tri-State-Area.

Attached Documents


Detailed Information

Location:
Bergen County, NJ
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
12,000
Lease Expiration:
N/A
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Option: Y Monthly Rent: $ 35,000 Square Footage: 12000 Type of Location: Stand Alone Facilities: A 12, 000 SQUARE FOOT RECYCLING FACILITY SITTING ON 3 ACRES- OF PROPERLY ZONED LAND. - PROPERTY CAN BE RENTED WITH A NEW LONG LEASE -OR CAN BE PURCHASED. (purchase - not included in sale) This is A Newer Clean Modern facility with State of the Art Equipment. EQUIPMENT: A State Certified Digital Truck Scale, Sennebogen Grapple, Front End Loader, 2- Labounty Shears, 1 Genisis Magnum Shear, Sierra Baler, Harris Baler - 2 Downstroke Balers, 5-Bobcat front end loaders, 6- forklifts, wire strippers and more to handle all possible scrap needs. They are Constantly upgrading the facility and equipment. A 100kw solar panel system was installed in 2010. They continue researching new environmentally safe ways to handle all metals and help to promote a green environment. The facility itself has up to date security system including many cameras inside and outside the facility. The offices are made up of cubicle offices. 2nd floor has 4 offices and their server room. 1st level contains verification office (no walk-ins), window cashier that prints and verifies tickets. The ATM for cash disbursements is located near there. Everything is being recorded for security purposes. The facility itself has higher regulations if you want to go inside dump. There are separate staging areas for the different metals. Wire fencing secures the premises.
Competition:
EXTREMELY LIMITED
Growth & Expansion:
COMPLETELY UNLIMITED
Support & Training:
SELLER WILL COMPLETELY TRAIN AND PROVIDE SUPPORT- LENGTH OF TIME T/B/D BETWEEN BUYER SAND SELLER. SELLER MAY CONSIDER KEEPING A SMALL SHARE OF THE COMPANY
Reason for Selling:
RETIREMENT- SELLER WANT'S TO SPEND MORE TIME WITH HIS FAMILY. SELLER MAY BE CON
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