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Asking Price$3,295,885
Revenue$10,201,551 Established1970
Cash FlowUndisclosed Employees10 full-time
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Scrap Metal Dealer Specialising in Non Ferrous Metals
Ref.CT009
Location Merseyside
Asking Price £ 2,100,000
Leasehold

Asking price includes:

Asking price includes:
All plant and equipment
Turnover circa £ 6.5Million p.a.
Current Gross Profits circa £ 586,000p.a.
Average Adjusted EBITDA circa £ 500,000p.a.
Net Assets/Shareholders Funds circa £ 967,000
Fully licensed and accredited for both ferrous and non ferrous metals
Ongoing growth pattern
Huge expansion possibilities
Large leasehold site with spare capacity
Close to major transport links including major port
New long term lease to be made available
Over 30 years continuous trading
Well established client base
Ongoing investment
Computer system
Training and handover
Goodwill
This business was founded in the early 1970’s by the current owners and since then has built up a sterling reputation in the market as a reliable high quality scrap metal dealer. Whilst specialising in the handling of non-ferrous metals the business holds all the relevent licenses, environmental and health and safety certification to handle both ferrous and non-ferrous materials as well as plastics and other such recycleable materials.

The business is able to provide clients with a collection, processing and delivery service offering a total solution for the waste sector, industry and the public community. Strategically located near to superb dockside facilities, allowing it access to near Continental markets as well as deep sea destinations.

The business has invested well in equipment and currently handles approx 350-400 tonnes of material a month. However just with the current infrastructure in place it could quite easily accommodate an additional 100% throughput.

With a comprehensive range of processing equipment, the business is well placed to continue selling its non-ferrous products to discerning quality end users including wholesalers, major retailers and leading refineries and smelters in the UK, Europe and Asian markets.

This market is currently experiencing huge growth partly fuelled by the enormous demand for products in China and Eastern Europe and is expected to continue in the medium term at the very least. The business is well positioned to service this ongoing demand with its ability to handle both ferrous and non-ferrous materials and other such recycled products.
Facilities:The current owners would make a new lease available to the new owners subject to negotiation. The main premises are single storey brick build warehouse type facility with high ceilings and comprise circa 20,000 square feet of storage and processing space with a small office and canteen area above on a mezzanine floor. There is an additional 4000 square feet site adjacent to the building as well as a yard. The site has excellent accessibility and is close to major port, rail and road networks. Rates circa £8,500 p.a.
Competition:The business has never seen the need to advertise in the past and there are excellent opportunities to increase this in line with a new sales and marketing push which would reap immediate rewards in existing and new market sectors. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation and this is expected to continue.
Growth Potential:The current market for this business is growing. The business is well positioned to take maximum advantage of this growth as it occurs as it already has key relationships within the sector. Business operations are not at maximum capacity given the companies existing infrastructure and there remains considerable scope for an increase in production, turnover and profit simply by gearing operations in line with current market demand. To date the business has been built without any real sales and marketing activity. It is understood that further development of this function would reap immediate rewards.
Training/Support:The current owners will provide all necessary training and all relevant contacts to allow continuity of trading.
Sale Reason:Retirement.
Ad #54318
Seller Reference #CT009
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Turner Butler
0044 1895256000
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