Successful, 56 year old scrap metal recycling business SOLD in Vista CA.
Lee’s Iron and Metal is a well-known & professionally run scrap metal recycling business with an incredible location, 56 years of success and long list of commercial customers. The business sold successfully within the parameters set between us and our client and within their time frame.
This family run business was established in 1959 and has been successful for more than 56 years. The company recycles iron, aluminum, stainless steel, brass and copper materials. It has a prime location literally on the border between two major cities in San Diego County. According to the US Census Bureau there are over 88,000 people in these two cities, over 1,700 business establishments and both cities are growing rapidly.
The company regularly services more than ninety commercial manufacturing accounts with metal recycling bins at the business location. The recycling yard also accepts drive-in customers with a great central location, fair pricing and easy service.
The US scrap recycling industry is known as one of the 1st GREEN industries, producing over 471,500 jobs annually and $105,800,000,000 in economic impact. The industry processes over 82 million metric tons of metal and 154 million metric tons of other material annually according to the Institute for Scrap Recycling Industries.
SUCCESSFUL BUSINESS SALE
The Company was sold to a successful recycling partnership which includes principals from the US and Canada. They plan to modernize and expand processing at the same location and expand collection throughout the area. They sell processed scrap metals all over the world. The land was also included as part of the sale, sale price of the land was $1,000,000 and the sale price of the business not disclosed. SOLD by Ron Brookshire Cal BRE 01050798, 619.279-4258.
Click her for the Offering Document in PDF format.
Ron Brookshire, Broker, Realtor
Cal BRE 01050798