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Scrap Metal Hauling & Brokering Company

Pennsylvania : Freight, moving/delivery services

This leading company has a history of profitability over their 43 years in business along with an excellent reputation for outstanding service. The company is well renowned for its first class equipment, fair pricing and reliability. This is a transportation company specializing in hauling and brokering scrap metal, most of which goes overseas to major foreign markets (China, India). The company has been solvent and stable over the years because of the heavy demand for its products in these growing and diverse markets it serves. Historically this has been a near recession proof business. Today this company has 15 qualified employees with revenues of approximately $2,000,000. Their primary target market is scrap metal dealers located within the Middle Atlantic States. The business has been built on long-term relationships with a loyal customer base. There is no advertising or marketing and services are sold by word of mouth referrals and networking. This exciting business is profitable and there are very significant opportunities for expansion. This business is located in East Central Pennsylvania. The current owner has decided to sell the business to pursue other interests. There will be free training for 30 days and help with the transition, if this is desired, for a negotiable period of time under contract. The building of 5,000 sq. ft. plus approximately one acre, which is not included in this price, may be able to be purchased or leased with an option to buy from the current landlord.

Asking Price:

Undisclosed

Gross Income:

$1,900,000

(last 12 months)
Cash Flow:

$180,000

(last 12 months)
Inventory Value:

Undisclosed

Year Established: 1966 Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 15
Real Estate Square Footage:

Approximately 5,000 sq. ft. leased. Three 5-yr leases. $1,500 per month.


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