Established Scrap Metal Recycling Company Available

This well-established scrap metal recycling business, family-owned since 1947, has earned a strong reputation based on trust and community involvement. The company purchases unprocessed metals, sorts them by type and grade, and resells them to a loyal network of wholesale buyers. It handles a diverse range of materials, including aluminum, brass, copper, iron, lead, and zinc, often sourced from appliances, vehicles, and various equipment. With a consistent supply of end-of-life vehicles, there is significant potential for expansion. The sale includes essential vehicles and equipment, offering a turnkey operation. Strong partnerships with local educational institutions and hospitals ensure reliable contracts for recycling services. The business benefits from longstanding relationships with buyers, including a family-run operation in New Hampshire for non-ferrous metals. Despite fluctuations in commodity prices, the company has maintained solid performance due to its dedicated customer base. With rising metal prices, the business is poised for increased profitability. Additionally, the current owner possesses a license to sell used auto parts, an untapped revenue stream that could enhance profitability further. By focusing on dismantling vehicles for valuable components, the business could transition into a comprehensive recycling and salvage operation, diversifying its income and solidifying its market position. Opportunities include developing a retail outlet for auto parts, creating an online store, and utilizing existing assets to reach a broader customer base.