Scrap Metal Salvage

Location: United States -> Illinois -> Illinois
Industry: Retail > Other Retail

Businesses for sale Summary

Scrap metal salvage company. In business since 1981. Located in central Illinois on 9.2 acres with I-70 visibility, zoned heavy industrial. Turnkey operation. Business includes 20+ pieces of perfectly maintained, late model, low mileage/hour heavy duty trucks, cranes, and trailers used to dismantle scrap metal from the job site, and haul to yard, then for delivery to a processor. Clean state-of-the-industry yard complete with new 100-ton scale and shop. Growth potential in auto salvage and non-ferrous scrap salvage. Owner has operated this business since day 1 and has earned retirement time.

Priced to move quickly. For right buyer – owner will take back mid-6 figures over 10 years.

Business is great and this industry is poised to make a 2nd quarter 2009 recovery.

Call Jim Meeker at 314-210-5997 or our office at 314-842-3802 and ask about ID#1232JM.


Asking Price Range:  $1.0M – $2.5M
Gross Revenues:   $656,373
Cash Flow:   $235,232
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,065,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1900
Number of Employees:  1 – 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Not Applicable

About The Sale

Management Training and Support:  yes – 2 months
Reason For Selling:  Retiring