For Sale: Bottles Cans And Scrap Metal Recycling Center - Los Angeles

Current Status: Active     Posting #: 259157     Last Refreshed: 10/17/20    
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!

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