| (REF: CT015) Freehold Motor Salvage & General Scrap Metal Dealer-Non ferrous Recycling |
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| Seller Reference: |
CT015 |
| B4S Reference: |
08001 |
| Asking Price: |
£995,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£611,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
North Wales, Wales, United Kingdom |
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There has been a scrap metal dealer on this site for almost 100 years. The current business has some 40 years trading experience and in that time the business has established a real presence in the market it serves and an excellent reputation. It has a full waste management license and ATF (Authorised Treatment Facility) status.
The business has several revenue streams. The majority of its work (60%) is generated from the dismantling and salvage of motor vehicles (cars and light commercial generally). The business then sells on the various components, both used and new, to a wide variety of clients within the trade. This also incorporates the sale and fitting if so required of tyres.
The business also buys non ferrous metal – copper, brass, lead, aluminum etc. at very competitive prices for recycling purposes.
In addition to this the business can also source new parts, tyres and components for customers if they do not have the items in stock as they have built up their own network of suppliers so as to ensure customer requirements are fully met. The company has an excellent website where customers can search for particular parts by make and model online and submit enquiries.
The business operates from a superb location in the town. The site is circa 1.2 acres and very accessible. There are many development opportunities available for a new owner on this site for the business to expand or for other development use. The site has the capacity to handle circa 1500 tonnes.
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Property: |
Freehold |
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Living Accommodation: |
No |
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The business advertises in the Yellow Pages, local phone books and local press. The company has developed a highly informative website which allows customers to search for vehicles and components online and place enquiries with the business. In addition to this the business also uses E-Bay to list parts. |
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There is plenty of spare capacity within the current set up. The customer base is large. The business’s reputation is such that it is well positioned for future work in this growing market. The business is well positioned with growing demand for salvage and recycling facilities. |
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The current owner would be happy to provide full training and support at handover. |
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The vendor is wishing to retire and travel. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday – Friday: 0900-1730
Saturday: 0900-1300 |
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The vendor currently works full time in the business through choice. The company also employs the following personnel:
• Yard Supervisor (full time)
• 2 Yard Operatives (full time)
• Office Administrator
• Metal Sorter (part time) |
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