Introduction: We are delighted to invite offers for the acquisition of a well-established, family-run metal recycling business with over six decades of success. Situated on approximately one acre of freehold land, this business offers a lucrative opportunity for those looking to enter or expand within the UK metal recycling industry. With sustainable net profits of circa £500k and flexible payment options, including the opportunity to purchase the retiring Partner's 50% share of the business and land, this is an opportunity not to be missed.
Key Highlights:
• Established Heritage: Operating since the 1960s, the business has built a loyal customer base and a dependable supply chain, resulting in an annual turnover exceeding seven figures.
• Certified and Responsible: The business holds all necessary environmental, health, and safety certifications to handle ferrous and non-ferrous metals responsibly.
• State-of-the-Art Equipment: Strategic investments in modern equipment enable turnkey waste management solutions, including roll-on-off collection, processing, and delivery.
• Scalable Operations: Currently handling up to 250 tonnes per month, the existing equipment and land can accommodate double that throughput, offering significant growth potential.
• Prime Location: Located near major road, rail, and seaport networks, the business is ideally positioned for substantial expansion.
Reason for Sale:
The sole reason for putting this thriving business on the market is the owners' desire to retire.
Sale Particulars:
• Highly Profitable: 60-year-old metal recycling business with a seven figure turnover and 20-30% margins.
• Excellent Reputation: A loyal customer and supply base providing sustainable turnover with room for significant future growth.
• Strategic Location: Located in a thriving town, close to major transportation networks, seaports, and international markets.
• Modern Machinery: All material handling machinery has been recently upgraded so no additional capital outlay required.
Financial Details:
• Turnover: £2.3 - £2.5 million with 20-30% margins
• Net Profits: Circa £450 - £550k
• Debt: £0
• Land Mortgage: £0
Assets Included:
• Lorries: 1 x 8-wheel roll-on-off, 1 x Chain Lift up to 40-yard skip size
• Forklift: 1
• Grab Handling Machine: 2
• Loader (Loading Shovel): 1
• Operational Digital Weighbridge: 50 m/ton
• Land: Approx. 1 acre, including office and storage buildings
Owner Transition: The current owners are willing to act as consultants during the ownership transition, offering their expertise and assistance with client and supplier introductions.
Asking Price: Serious Offers Circa £2,300,000
• Flexible Payment Options: Available to accommodate the buyer's needs, making the acquisition process smoother.
• Purchase Controlling Stake: Option to buyout the senior retiring partner at 50% of asking price.
Pre-screening Process:
As we have had many unsuitable enquiries and false starts in the negotiation process, we are asking all prospective interested parties to answer the following questions.
1. Are you in a financial position to purchase?
2. Are you in a position to provide an offer in the region of the asking price (due diligence not withstanding)?
3. What is your anticipated timeframe?
This opportunity represents a unique chance to acquire a profitable and established business with significant growth potential. Contact us today to explore this exciting opportunity further.
