Scrap metal dealer (freehold)
Business & Freehold $4,100,000
Web ID: S3875
Business Description
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
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.
Simon Winter 0419 828 689
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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 |
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Business & Freehold $4,100,000 |
Financial Summary
| Year
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Sales | Return to Owner | Return on Owner's Investment | ||
| 2016/2017 | $6,270,944 | $535,416 | 13.06% | ||
| 2017/2018 | $8,363,798 | $784,966 | 19.15% | ||
| 2018/2019 | $8,813,126 | $803,495 | 19.60% | ||
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Staff Summary
8 full time, 4 part time and 2 casual staff.
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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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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.