FOR SALE For sale: a rapidly growing high-margin non-ferrous metal recycling business
Business information
| Sale topic | For sale company |
|---|---|
| Industry | Other industry, Other wholesale stores |
| Location | Eastern Finland |
| Person count | Full-time 3 persons part-time 1 persons |
| Adjusted revenue | 1 658 000 EUR |
| Asking price |
1 400 000 EUR Sold as a share deal |
The company has been in operation since 2013, specialising in the recycling of non-ferrous metals. The company buys non-ferrous metal from all over Finland and sells it both domestically and on export markets. The company’s values are reliability, easy cooperation and a excellent professional skills. The business idea is to buy scrap metal from primary sources, process it in-house into a final product and sell as much of it as possible to the end user. This leaves the average margin higher than the industry as a whole. Opportunity for the company to expand its business with new Fe recycled materials.
The operation is subject to authorisation and the company has an environmental permit valid until further notice and the company is in the waste register (ELY). The company also has a safety licence from STUK for XRF measurements.
Asking price justification
The asking price of 1.400.000 euros is made up as follows: +713.000 euros goodwill +25.000 euros floating assets +699.000 euros fixed assets (of which additional cash of around 400.000 euros to allow purchase of own shares) -37.000 debts
