Growing Recycling Business
*Admin,Support,Waste Mgmnt, Remediation Serv - Waste Management and Remediation Services
| Status |
Contract Pending |
| Listing ID |
LA3013 |
| Listed Price |
$3,200,000 |
| Down Payment |
$3,200,000 |
| SDE |
$4,888,991 |
| Total Sales |
$4,138,991 |
| Training Offered |
2 weeks |
| Non-Compete Years |
for 5 years |
| Non-Compete Radius | 30 miles |
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| Asset Info |
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† Included in price
‡ Not included in price
|
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Reason For Sale
To pursue other interests
Operations
| Year Established |
1991 |
| Form of Ownership |
S Corp |
| Absentee Owner |
N |
| Franchise |
N |
| Days & Hours |
M-Sun. |
| Years Owned |
5 |
| Business Age |
21 |
Location
San Bernardino County
| Type of Location |
|
| Lease Expires |
|
| Security on Lease |
|
| Location Comments | |
Executive Summary
Business Description
This recycling company has no competition at its' nicely done High Desert collection facility. A recent build out of the collection yard provides ample room for continued growth, processing and storage. The building is spacious as well for the customers to drive through and drop off their CRV redemptions, Scrap Metal and other recyclables. This Recycling Business for sale has the latest computer equipment to not only comply with recent California State requirements but allows the new owner to monitor his business very closely. This is a growth industry and has been run on an absentee basis by the current owner.
Profitability has returned to former levels after a disappointing 2009 that followed the general commodity markets. Current run rates have rebounded to previous levels and 2010 is projected to be a great year.
This Recycling Center for sale is a certified redemption center for California State CRV recycling programs. A separate Junk Dealer license allows them to collect and recycle a wide range of other materials including scrap metals.
This recycling business is poised for growth as restrictions continue to mount on what type of material can go to a land fill and how much material must be diverted from land fills. Don't miss this opportunity to make big green for yourself and go green owning this recycling business!
For more information, please contact George Hicks at (310) 539-8300.
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