Contact: Tawnya Gilreath, JD, CBI At 818-781-0082 - Also Email This Contact Below
Asking Price: $3,150,000 Down Payment: Call
Annual SDC: Call
Annual Gross: $3,292,041
Business Address: None Given City: Los Angeles Zip: None Given
Attributes: Broker-Broker Coop, Absentee Run, Semi-Absentee Run, Training & Support, Real Estate Included
The recyclable material wholesaler businesses in the US have combined annual revenue of about $80 billion. This successful recycling company routinely generates $3.2MM or more in gross revenue.
For over 60 years, the Company has recycled bottles, cans and all types of scrap metal. The Company buys scrap metal from consumers, demolition companies, plumbers, electricians, hauling companies and every-day ordinary people. They purchase the metal, sort, clean, and classify it by type. The metal is then sold to a processor company to be processed and/or exported overseas.
The Company has primarily been managed by the General Manager since 2011 or 2012 with little involvement from the owner.
The business premises/real estate is included in the sale. The property is zoned for Heavy Manufacturing (M3-1-CUGU). The lot is approx. 30,000 SF and the warehouse is approx. 4,200 SF. It is a highly specialized industrial property located in a Qualified Opportunity Zone which can provide lucrative tax savings with a 10+ year hold.
The asking price of $3,150,000 includes the business and the real estate.
For further information, contact us today!
Disclaimer: Buyers and sellers of businesses are strongly advised to seek financial and legal advice prior to entering into a contract to buy or sell a business. Broker makes no representation to the buyer of any kind. All information and representations are provided by the seller, the completeness and accuracy of which will not be verified by the broker. Buyer must rely solely on his own investigation and inspection of the business and the seller's representations.
To get more information about this Bottles Cans And Scrap Metal Recycling Center business for sale in
Los Angeles please phone Tawnya Gilreath, JD, CBI (Broker - BRE License #:01403121 / 01313195) at 818-781-0082 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #259157 on BizBen.com. In addition to phoning
Tawnya Gilreath, JD, CBI, make sure you email Tawnya Gilreath, JD, CBI above to get more info about this
Bottles Cans And Scrap Metal Recycling Center, to ask any questions or request an appointment to see this
business for sale. Thank you.