MergerPlace

Kentucky Scrap Metal Recycling Business

Kentucky


  • Asking Price: $4,600,000
  • Gross Income: $4,210,483
  • Cash Flow: $645,686
  • Real Estate: $1,500,000
  • Inventory: Not Disclosed
  • FF&E: $1,400,000
  • Listing ID: #217422
  • Established: 2009
  • Employees: 9 FT / 1 PT

Business Description

Scrap Metal Recycling Yard that consistently produces results. Facilities and Equipment far exceed peers in terms of cleanliness and quality. This location has produced steady cash flow for years regardless of scrap market conditions. Because of their location in Central Kentucky, they are in an ideal position of having many buyers competing to acquire their metals. The volumes at this facility far exceed the majority of their regional competition.


Business Details

Primary Business Category: Services - Other Services
Location: Kentucky

Company Information

Year Established: 2009
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 9 FT / 1 PT

Financial Information

Asking Price: $4,600,000
Gross Revenue: $4,210,483
Cash Flow: $645,686
FF&E: $1,400,000
Real Estate: $1,500,000
Seller Financing Available: No

Property Information

Facilities:

The facility sits on nearly 5 acres in an industrial park. There is a 8,200 square foot metal building partially finished with office space and scale house. The remaining portion of the building is a non-ferrous warehouse. There is a concrete pad for scrap preparation and processing. The remainder of the property is graveled.

Growth & expansion opportunities:

Nucor Steel announced major expansions to an existing facility and a new mini mill within a short drive of this facility. The demand for metal from feeder yards in the area such as this one is going to increase. There is an opportunity for the new owner to expand into industrial scrap because of the nearby proximity of many large manufacturing operations.

Competition:

This location is considered a retail scrap yard. This type of scrap metal is very localized. There are 3 other similar businesses within a 25-30 mile radius.

Reason for selling:

The owners have other business interests.

Support & Training:

Will train for 4 weeks @ no cost A Secondary Scrap Metal Recycling License must be acquired through the state of Kentucky.

Contact Business Seller

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Business Listed By:

Phil Eleson

Murphy Business Brokers