Established in 1948, this business is a leader in the market for recycling, specializing in non-ferrous metals like copper, aluminum, brass, and stainless steel. It has unique expertise in recovering copper from insulated wire and also offers dumpster/container services through its affiliate company, which is included in the sale. This offer also includes a second business operating 70 dumpster/container rentals.
Located near the Philadelphia metropolitan area and close to highways, the company is poised for the right buyer to expand its services. The company’s clients include contractors, electricians, demolition firms, and smaller scrap processors. The sale includes equipment with an estimated replacement value of $2.5M, excludes real estate/buildings valued at over $3M (which can be purchased separately). Monthly Inventory is secured by a line of credit which a new owner would have to assume.
Employees: There are (20) employees, excluding the (3) operating owners who work full-time.
Organization: The business is registered as an S corporation in Pennsylvania.
Facilities: The business operates on a 2-acre site/ 90,000 square foot with multiple warehouses and office space and can be leased for market rates. Rent is not included in presented information.
Business Highlights:
Further details of the business will be revealed only to those buyer prospects whom the broker has screened. Proof of funds will be required prior to a buyer seller meeting.
FFE: $2,500,000(Included in Price)
Inventory: $2,000,000(Included in Price)
Employees: There are (20) employees, excluding the (3) operating owners who work full-time.
Facilities Information: The business operates on a 2-acre site with multiple warehouses and office space.