Heavy Truck Salvage & Scrap Metal Recycling Facility
Ohio
| Asking Price: | $1,500,000 |
| Gross Revenue: | $2,167,613 |
| FF&E: | $500,000 |
| Established Year: | 2019 |
| Cash Flow: | $301,669 |
| Inventory: | $600,000 |
| Real Estate: | $1,000,000 |
Listing ID: 2259357Listing provided by BizBuySell
BUSINESS DESCRIPTION
Profitable with strong growth opportunities
Step into a growing, well established, turnkey heavy truck salvage and metal recycling facility in Ohio. The venture sprawls over 18+ acres located near metal yards and is primed for substantial growth. The business is ran with a GM in place has generated over +30% YoY growth and averaged over $260K in cash flow in the last 3 years. The business comes with over $850,000 in total assets including new equipment to support substantial growth in 2024.
Revenue by Year:
2023 Revenue: $2,167,210
2022 Revenue: $1,461,896
2021 Revenue: $966,099
3 Year Average: $1,531,869
DETAILED INFORMATION
Location
Ohio
Inventory
Included in asking price
Real Estate
Owned
Building SF
6,238
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
The auto salvage and scrap metal recycling industry is a dynamic and competitive sector driven by the rising demand for sustainable practices and the increasing value of recyclable materials. Companies in this industry collect, dismantle, and process end-of-life vehicles and other metal-containing goods to recover valuable materials like steel, aluminum, and copper.
Growth & Expansion
The owner has invested in additional equipment and implemented the metal recycling portion of the business in early 2024, which will significantly increase revenue and profits for the future. The additional equipment investment is over $150,000 and is included in the asking price. More information will be provided to serious inquirers.
Reason for Selling
relocating
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