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71217- Metal Cleaning, Stripping and Recovery

For Sale in OR

Listing ID: 71217 | Broker Listing ID:

Financial & Assets Details

$493,000
$119,000
$200,000
Yes

About the Business

Yes
1986
3 FT

Business Description

Strong Profit Margins and Waiting List of Customers! Located in Portland, Oregon, this cash business could be operated from any of the western states. The business specializes in providing high quality metal cleaning services for the automobile, medical and industrial industries. 50% of revenue derives from the sale of metal cleaning services for auto parts and auto restoration services. Commercial and industrial metal cleaning services for medical and industrial parts and equipment applications produces the other half of sales. This includes cleaning, stripping, de-rusting, and recovery of small and large ferrous and non-ferrous metal parts and equipment. The property must be purchased as well as the businesses, but it is stellar and completely reroofed, reskinned, and reinsulated. You won’t find another like it in Portland.

With a large customer base and solid reputation, the company has continued to attract new customers while maintaining its reputation with existing ones for over 35 years. The current owner is absentee and receives more than $100,000 per year in absentia. This company could be operated in a hands-on or absentee fashion. Generating $500,000+ with three employees, if a new owner hired additional employees and added a swing shift, growth possibilities are incredible because there is a waiting list of customers and adding a swing shift would cut production time in half at a higher cost to customers who are willing to pay for speed. The company has a proven track record, supported by a loyal industrial customer base. Approximately 80% of customers are large corporations that have been with the company for over 20 years. Please contact IAG for full details, including location specifics.

Location Details:

The company operates from a 10,000 square foot facility. 500 square feet is used for office space, the remainder for production. Valued over $1 Million, the property is available for purchase. Photos available upon request.

Support & Training

The owner is looking to exit due to health reasons, but should be available for a reasonable transitioning.

Listing ID: 71217

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