July 31, 2023
THIS IS A BRAND NEW OPPORTUNITY. This company specializes in processing heavy industrial metals. It maintains a large industrial account base; includes rail yard/rail service.
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NEW OPPORTUNITY as of July 31, 2023: Industrial Scrap Metal Processor |
Location: Southeast U.S.
The Company is a processor of ferrous and non-ferrous metals located within close proximity to major steel mills. It specializes in processing heavy industrial Plate and Structural, Busheling, No. 1 HMS and Cast iron.
The headquarters is a steel processing facility expertly designed and built by a 40-year industry veteran on sizeable acreage. It is equipped with 2 new 1100-ton baler shears, 2 1000-ton mobile shears, 10 material handling cranes, highly efficient torch yards, a large fleet of trucks, dump trailers and 100+ roll off containers. The second facility is located on 8 acres three miles to the east, is fully equipped and includes a rail yard.
Investment Highlights
- State of the art modern facility and equipment
- Large industrial account base
- Norfolk Southern Rail Service
- Highly accessible to interstate system
- Significant growth opportunity into consumer grade scrap market, i.e., shredder
Financial Summary:
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Revenue
TTM 5/31/2023: $ 41,406,000
2022: $ 49,537,000
2021: $ 57,962,000
2020: $ 29,118,000
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Est. EBITDA
TTM 5/31/2023: $ 4,432,000
2022: $ 6,385,000
2021: $ 8,647,000
2020: $ 3,746,000
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Volumes per Year (tons)
YTD May 2023: 53,000
2022: 116,000
2021: 130,000
2020: 103,000
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Asking Price:
The Independence Group does not assign an asking price to the companies that we represent. Our process requires that potential buyers analyze the company’s financial information and make their best, fair offer to the seller.
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Tel: (916) 458-7356
www.independencegroup.com
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The Independence Group (IG) is a mergers and acquisitions firm specializing in exit strategies and buyer services for companies with enterprise values ranging from $1 to $200 million. IG effectively uses a team approach on each engagement to provide maximum value as well as access to a full range of services to each client. IG's team members, along with key outside resources, are available to provide essential knowledge, experience and expertise in all areas of buying or selling a business with the primary goal of maximizing value and minimizing risks. Services include seller and buyer representation, acquisition assistance for private equity, business value analysis and EBITDA analysis.
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