Make an Offer: 25-Year Established Scrap Metal Recycling Business in Brisbane with Unlimited Growth Potential

Make an Offer: 25-Year Established Scrap Metal Recycling Business in Brisbane with Unlimited Growth Potential

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Preview Listing
Preview Listing
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Preview Listing

Location Details :

Country

Australia

State

Victoria

City

Melbourne


Industry :
Industrial/Manufacturing - Machinery/Metal ; Industrial/Manufacturing - Building and Construction ; Home/Garden - Homewares/Hardware ;

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

-x

About the business

Don't miss this exceptional opportunity to acquire a well-established and highly successful scrap metal recycling and processing business with 25 years of history in the bustling city of Brisbane. The current owners are motivated to sell and have reduced the price from $2,799,000 to $2,499,000, and added great value to the business through new equipment such as the Guidetti 415 sincro ($110,000), Crown 3 tonne forklift ($80,000) and a new Izuzu skip truck on order ($76,000) which will take business to the next level, and other plant and equipment independently valued by Slattery Auctions at $375,000.

The business is in the process of moving to a new larger site which will allow the business to grow its capabilities and reduce lease overheads, and with potential for a new buyer to grow the business into exporting. Recent financials include:

* F.Y.22 Circa Revenue - $3.3 million

* F.Y.22 Circa Adjusted Net Earnings - $1,000,000

* 8 full-time and 4 casual employees

* Stock at value - $150,000

* Diversified revenue streams

* 5+5 year lease (1 year into term)

Price: $2,499,000 neg + Inventory (approx $90k)

Don't miss this chance to acquire a business with a proven track record of success, newly added value and potential for growth in the city of Brisbane.

Contact Tom Jolly at 0403 720 965 or email tom.jolly@thefinngroup.com.au for more information and to submit your offer.

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$2,499,000

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