New Business For Sale: Recycling Center - Near LA Harbor
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September 20, 2017 by Tom Plotkin
Tom Plotkin just launched a new listing: Recycling Center - Near LA Harbor
Recycling Center - Near LA Harbor
Asking: $450,000 • Gross: $1,673,792 • Net: $201,193Rare opportunity to acquire a successful recycling business originally established in 1978. Since 2010, the current owners have operated the business on a double-lot in a 6000 square foot building located less than 7 miles from the Los Angeles Harbor.
As the recycling center has two hydraulic balers in operation the need for trucks and drivers is minimized. These balers have a resale value of about $100,000 each. Original cost about $250,000 each.
The recycling center holds a Cal Recycle Certification for beverage containers, a Scrap License and a LAPD Junk Dealer License.
Top five recycled items at the center are:
- Aluminum Cans
- Plastic Bottles
- Scrap Copper
- Scrap Aluminum
- Scrap Brass
Usually the business has little to none in terms of Accounts Receivable as Processors pay in advance for the baled items.
In order grow the business, a new owner will want to consider applying for a Processors License as the location is well suited for this type of expansion which would generate meaningful, additional revenues.
Prospective Buyers are asked to provide the Sellers with a Financial Statement and Proof of Funds.
Interested parties register as a buyer at www.bizex.net then contact Tom Plotkin at 310 882-2200 x 127 or Arthur Kessler at x 126 for more information.
Tom Plotkin
Email: tplotkin@bizex.net
Office: (310) 882-2200 ext 127
Blog: https://www.bizex.net/blog
Web: https://www.bizex.net/business-broker-ma-advisor/tom-plotkin
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