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Business for Sale Summary

Scrap Metal License - 31395

Business Type: auto/truck mechanical repair
Scrap Metal License
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Financial Information (non-confidential)

General Information
Asking Price $125,000 Down Payment $125,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$125,000 Down and

Business Description

A Scrap Metal License is available for purchase in Passaic County. Licenses such as this are rare and new ones cannot be issued in this high-density population and heavily industrial section of the county. Ownership entitles the Buyer to accumulate all sorts of metals, plastics and other materials simply as a drop-off facility for bulk wholesale to recycling plants. Or, it entitles the owner to develop its own recycling and processing plant to crush, melt or separate metals such as aluminum, copper, brass, nickel, stainless steel, etc. Further, the license also entitles the owner to develop a junk yard for the salvage and storage of junked cars and the sale of used auto parts. Abandoned cars, appliances, industrial dismantling and building demolition are ready sources of supply. Transferrable within city limits, this license can be the beginning of a generational business.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.