Asking Price: $3,640,000

Gross Revenue: $5,286,792

Cash Flow: $1,351,425

Inventory: $400,000 (Included in Asking Price)

FF&E: $825,000 (Included in Asking Price)

Seller Financing: UNDER CONTRACT

The company provides a market for scrap metal to the commercial sector and general public and container service to industry consumers of semi-precious metals. The Company was started in 1967 and has been owned by the current owner for 24 years. The business has been in its present location for over 40 years. The business was expanded after acquisition by the current owner through investment in necessary fixed assets for processing inventory.

Year Established: 1967

Employees: 6 full time - 1 part time

Facilities: The seller occupies a 14,400 sq. ft. building and 1200 sq. ft. on 3 acres available for rent at $4200.00 per month. The owner is also open to selling the real estate with the business at fair market value.

Market Outlook and Competition: The company’s business can be attributed to 30% walk in business, 35% referral business, and 35% to advertising which is done through the yellow pages.

Management Training and Support: The Owners genuinely desire an effective business transition with seamless customer service through to the buyer. They will train a buyer for 30 days. An additional consulting contract can be obtained on a very limited basis.

Reason For Selling: The owner wishes to retire.