Scrap metal dealer (freehold)

Business & Freehold $4,100,000

Web ID: S3875

Business Description

 

Based only a few minutes from the city and operating for almost 40 years as one of Adelaide’s leading scrap metal dealers recycling all types of scrap metals and also providing recycle bins of all sizes throughout metro Adelaide.

 

At a glance:

  • Only minutes from the city on 4,440 square metres of industrial land
  • Has been in the same family for almost the past 50 years
  • Sale includes 5 forklifts, 10 trucks and 280 collection bins
  • Turnover ranges between $6 million and $8 million 
  • Perfect for an existing operator wanting to expand
 
 

Simon Winter 0419 828 689


Extended Price Information

Goodwill $1,058,134
Plant & Equipment (approx written down value) $641,866
Stock at valuation (approx) $100,000
Total Price Business: $1,800,000
Freehold Property $2,300,000

Business & Freehold $4,100,000

Financial Summary

Year
Sales Return to Owner Return on Owner's Investment
n/a $8,258,785 $315,284 7.69%
2015/2016 $5,411,792 $284,504 6.94%
2016/2017 $6,270,944 $535,416 13.06%
2017/2018 $8,363,798 $784,966 19.15%
The return to owner is a net return to one working owners after all expenses and wages but excluding the vendors’ wage.

The calculation of the dollar and percentage returns are based on the total sale price (property and freehold) and no allowance has been made for property rent.

Staff Summary

8 full time, 4 part time and 2 casual staff.

Current Rent
Current Rent
Current Rent
Current Rent
Current Rent
Current Rent
Current Rent

Freehold Summary

Total Land Area 4,440sqm approx.
Capital Value $1,790,000
Zoning IN - Industrial
Certificate of Title Covering 8 Certificate of Titles
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