Business for Sale

Scrap Yard - Recycling - Near Port of LA

BizEx903-TP

Background

General Location:Wilmington, CA
Category: Other Business Services
Wrecking Yard
Years in Business:25
Under Present Owner:24
Hours of Operation:m-f 8-5, sat-sun 8-3
Owner Hours:m-f 10-4 some sat
Training:4 weeks @ 20 hours
Organization Type:C-Corp
Lease Expiration:5/31/2021
Lease Options:two 10 year
Building Size:1,800
Employees:13
Reason for Sale:Health Issues

Financials

Asking Price:$599,000
Down Payment:Negotiable
Gross Sales:$4,394,142
Discretionary Cash Flow:$150,000
FF&E:$75,000
Inventory Included?
Inventory:$15,000
Min. Operating Capital:$90,000
Real Estate Available?No
Rent:$5,000
Payroll:$25
Financing:Call

Description

CASH from SCRAP

Rare opportunity to acquire or partner in a unique recycling business.

Successful, established business that recycles e-waste, copper, brass, wire, steel, electrical equipment, appliances, cardboard, metals, bottles and cans.

Located near the port of Los Angeles this is also an excellent site for a trucking company.

Turn other people's junk to money in your pocket while providing income to the scrap gatherers.

Help save the environment and profit from your good works.

With commodity prices at 12 year lows, there is tremendous upside in buying in NOW.

Interested parties register as a buyer at www.bizex.net then contact Tom Plotkin at 310 882-2200 x 127 or Arthur Kessler at x 126.


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.

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Tom Plotkin
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 127
Direct: (818) 585-4215
Lic#: 01895229




Arthur B. Kessler
Business Broker
4551 Glencoe Ave., Suite 210
Marina Del Rel, CA 90292
Office: (310) 882-2200 ext 126
Direct: (310) 650-7900
Lic#: 01227004