Recycling Business Specializing in Non-Ferrous Metals
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Asking Price
$3,500,000
Detailed Information
Business Description
Established in 1948, this leading recycling business specializes in non-ferrous metals like copper, aluminum, brass, and stainless steel. They excel in recovering copper from insulated wire and also provide dumpster/container services through an affiliate company. Located conveniently near a major metropolitan area and highways, the company serves contractors, electricians, demolition firms, and smaller scrap processors. Inventory worth approximately $2 million and equipment valued at $2.5 million are included in the sale, excluding real estate/buildings valued at over $3 million, available for separate purchase. With a team of 20 employees and 3 operating owners, this business is registered as an S corporation in Pennsylvania. Situated on a 2-acre site with warehouses and office space, it boasts a solid reputation in the region and is profitable with steady cash flow. The owners are willing to support the transition period and beyond, and the business offers room for growth in services and regions. Well-maintained equipment with a high replacement value