Business For Sale Listing 121871
Precious & Scrap Metal Collection & Re-Sale
Status as of Jan-6-2009 at 06:06 PM: Active
Business Summary
We currently represent a major regional player in the precious & scrap metal recycling industry. This well-established Company purchases & collects primarily silver & aluminum from 800+ customers for subsequent resale to large recovery & refining operations. Increased focus on recovery of scrap silver, which retains higher gross profit margins. Silver sources include scrap film, silver accumulated in canisters & silver recovery units, & silver flake from printers, hospitals, clinics, & newspapers. Material prices are determined by the American Metal Market (AMM); the other factor is the type of service rendered -material providers are not charged directly for recovery. Nearly three year old agreement with major refiner to be the exclusive provider & to receive customer referrals. 2006 revenues of $1,902,400 & EBITDA of $170,000 hit projections, & gains of 56% & 9% respectively promise healthy revenue and profitability growth into the future.
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million ($1,902,000) |
| Profits: |
Between $100 Thousand and $500 Thousand ($170,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Not Disclosed |
