Valuable Metals Recycling Business - Lithgow, NSW
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About this business
In the broker's words
Full description, as written by the brokerTURNOVER $265K - LOW COMPETITION - STRONG MARKET PRICES
Step straight into one of the world’s fastest growing and increasingly important industries with this established, specialist recycling business. With low competition, Eco Loop recovers and recycles valuable metals such as aluminium and copper, for which there is high market demand.
Driven by their use in clean energy and electric vehicles, these metals are attracting high prices, making this a smart investment into the future.
BUSINESS HIGHLIGHTS
- Established in 2020 - Turnover $265K - Profit $73K
- Valuable metals are recovered, recycled and sold on
- Approx. 75% of all copper-based products are made from recycled copper
- Operates two days per week processing material from the client base
- Currently runs out of a 40m x 20m building in Lithgow - not included in this sale
- All necessary equipment included, valued at over $205K: Eddy current separator, primary shredder, secondary shredder incl. blades, granulator incl. blades, related augers, belt feed, blower, extraction unit, conveyors, scales, generator and 4000L diesel tank
- Currently staffed by a manager (3-4 hours per week) plus 2 P/T casual workers
- 3-4 weeks’ training included to ensure a smooth handover
This successful and growing business is currently part of a larger operation and no longer required. Valuable metals recycling has become one of the most profitable and environmentally responsible industries in Australia, making this an unmissable bolt-on opportunity for anyone involved in the metal recycling industry.
Equally, it would suit a hands-on owner-operator or investor looking to enter the growing recycling industry with an established facility. Copper consistently delivers the highest returns among common scrap metals and is in high demand by industries that rely on it for electrical wiring, plumbing, solar power installations, and electric vehicles.
PRICE: $300,000
Key facts
Details are as stated by the broker.
- Business type
- Scrap Metal Recycling
- Established
- 2020 (from the broker's description)
Details are as stated by the broker in the description and have not been checked by Business For Sale.
Location
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