Metal Tubes

Scrap Metal Recycling Center

REVENUES: $2,200,000.

EBITDA: $500,000.

Founded in 1976 this long established and highly profitable service business specializes in the recycling of a variety of metal products. Products include stainless steel, wire, copper, ferrous and non-ferrous scrap metal plus aluminum. The company’s approximate 9,000 accounts include numerous electrical contractors, plumbing contractors, siding companies, home improvement businesses and many other contractors and businesses. Customers deliver scrap metal items to the recycling facility where the product is then unloaded and weighed. Contractor-Vendors are paid immediately. Products are recycled, bundled and then delivered and sold to Local Customers. Employees include the Owner and Three additional Staff consisting of One Driver and Two in recycling. Business hours are kept to a minimum. Hours of operation are from 6:00AM with closing at 3:00PM and Saturdays from 6:00AM to 11:30AM. Non-Union. The company occupies a 5000 Sq Ft facility which is separately owned and available with flexible lease terms. Owner is retiring and available for any necessary transition.

 

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