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VR Business Sales in Edmonton, AB presents the opportunity to acquire this profitable Northern Alberta based metal recycling, demolition, auto wreckage business. It provides scrap metal recycling services to several landfills located in Northern Alberta and BC. The company currently processes ferrous and non-ferrous scrap metals and collects various white good materials that are crushed, baled, and sold to various domestic and international customers including brokers, other processors, and wholesalers.
This business has developed a strong market presence and reputation in the industry. There are numerous untapped opportunities available to the buyer.
The business was established in 1994. Included in the asking price is a 4 bay shop sitting on 7 acres of land or the owner is willing to negotiate a lease. There are 15 full time employees and the seller is willing to stay to train to ensure a smooth transition. All assets are in great working condition with an appraised value of $2.8M. The asking price is $1.5M with $300K vendor financing.
Considering the profitability, client base, time in business, value of assets, the asking price of $1.5M (excluding real estate) represents a solid purchase.
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