This Scrap metal recycling company has been in business since 1947, and has been owned and operated for three generations by the same family. They purchase unprocessed metals, sort and separate them by metal type and grades, then sell the metals wholesale. The success of this business is attributed to excellent relationships with community partners, loyal customers who appreciate the fair prices, and to long-standing wholesale buyers of ferrous and non-ferrous metals.
This business recycles anything that contains metals such as aluminum, brass, copper, iron, lead and zinc. Items they buy for recycling include appliances, bicycles, chainsaws, doors, fencing, garden and yard equipment, piping, snowmobiles and junk trucks and cars. Vehicles and equipment used to operate this business are included in the sale.
They have several market advantages over other recycling businesses in the region. Including partnerships with the University of Maine system, colleges, and the local hospital and its affiliates to pick up items for waste disposal and recycling. They have commercial and industrial partnerships with garages, car dealerships and other businesses. They also buy metals directly from customers. The non ferrous metals have been purchased by a family- operated business in New Hampshire for over forty years. Ferrous metals are sold locally.
Their prices and earnings are always dependent on the stock market. This year copper and other metal prices have reached prices never seen before. Their loyal customers have trusted them for many years, and this has helped the business be successful over time through stock market ups and downs. They are an honest, trusted family business with some customers that have been selling metals to them since their grandfather owned and operated it.
Entering Retirement
There is a 60 x 42 steel building on a cement pad with an office, three loading docks and two bathrooms. An outside boiler with four Modine heaters provides heat for the shop. They also have a kerosene heater for backup. There is also a 1993 Fleetwood two bedroom, two bathroom trailer home on site that currently has tenants. The potential buyer can either continue with this rental arrangement or choose to live in the trailer home.
The current owner/manager plans to stay to train the new owner and introduce customers and buyers for as long as needed. He anticipates it will take two years to fully train the new owner. The new owner will need to secure an annual State of Maine Dealer License and a Wholesale Resale Certificate, which are required to operate this business.
There are five other metal recycling businesses in the region located in Bangor, Brewer, Holden, Hudson and Orrington. Although other metal recycling businesses have either drive over scales to weigh metals or roll-off services many customers prefer to come to this scrap yard. They are an honest, trusted family business with customers that have been selling metals to them since their grandfather owned and operated it.
Drive on scales and roll-off services would double the business income. Automobile parts and sales could also be easily incorporated into this type of business. Marketing can also be expanded to contribute to additional revenue for the business. They are currently open for business Tuesday through Friday from 7:30AM to 4:00PM and Saturday from 7:30AM to Noon. The new owner could choose for this business to be open again on Monday for additional revenue.
This Scrap metal recycling company has been in business since 1947, and has been owned and operated for three generations by the same family. They purchase unprocessed metals, sort and separate them by metal type and grades, then sell the metals wholesale. The success of this business is attributed to excellent relationships with community partners, loyal customers who appreciate the fair prices, and to long-standing wholesale buyers of ferrous and non-ferrous metals.
This business recycles anything that contains metals such as aluminum, brass, copper, iron, lead and zinc. Items they buy for recycling include appliances, bicycles, chainsaws, doors, fencing, garden and yard equipment, piping, snowmobiles and junk trucks and cars. Vehicles and equipment used to operate this business are included in the sale.
They have several market advantages over other recycling businesses in the region. Including partnerships with the University of Maine system, colleges, and the local hospital and its affiliates to pick up items for waste disposal and recycling. They have commercial and industrial partnerships with garages, car dealerships and other businesses. They also buy metals directly from customers. The non ferrous metals have been purchased by a family- operated business in New Hampshire for over forty years. Ferrous metals are sold locally.
Their prices and earnings are always dependent on the stock market. This year copper and other metal prices have reached prices never seen before. Their loyal customers have trusted them for many years, and this has helped the business be successful over time through stock market ups and downs. They are an honest, trusted family business with some customers that have been selling metals to them since their grandfather owned and operated it.
Entering Retirement
There is a 60 x 42 steel building on a cement pad with an office, three loading docks and two bathrooms. An outside boiler with four Modine heaters provides heat for the shop. They also have a kerosene heater for backup. There is also a 1993 Fleetwood two bedroom, two bathroom trailer home on site that currently has tenants. The potential buyer can either continue with this rental arrangement or choose to live in the trailer home.
The current owner/manager plans to stay to train the new owner and introduce customers and buyers for as long as needed. He anticipates it will take two years to fully train the new owner. The new owner will need to secure an annual State of Maine Dealer License and a Wholesale Resale Certificate, which are required to operate this business.
There are five other metal recycling businesses in the region located in Bangor, Brewer, Holden, Hudson and Orrington. Although other metal recycling businesses have either drive over scales to weigh metals or roll-off services many customers prefer to come to this scrap yard. They are an honest, trusted family business with customers that have been selling metals to them since their grandfather owned and operated it.
Drive on scales and roll-off services would double the business income. Automobile parts and sales could also be easily incorporated into this type of business. Marketing can also be expanded to contribute to additional revenue for the business. They are currently open for business Tuesday through Friday from 7:30AM to 4:00PM and Saturday from 7:30AM to Noon. The new owner could choose for this business to be open again on Monday for additional revenue.
This Scrap metal recycling company has been in business since 1947, and has been owned and operated for three generations by the same family. They purchase unprocessed metals, sort and separate them by metal type and grades, then sell the metals wholesale. The success of this business is attributed to excellent relationships with community partners, loyal customers who appreciate the fair prices, and to long-standing wholesale buyers of ferrous and non-ferrous metals.
This business recycles anything that contains metals such as aluminum, brass, copper, iron, lead and zinc. Items they buy for recycling include appliances, bicycles, chainsaws, doors, fencing, garden and yard equipment, piping, snowmobiles and junk trucks and cars. Vehicles and equipment used to operate this business are included in the sale.
They have several market advantages over other recycling businesses in the region. Including partnerships with the University of Maine system, colleges, and the local hospital and its affiliates to pick up items for waste disposal and recycling. They have commercial and industrial partnerships with garages, car dealerships and other businesses. They also buy metals directly from customers. The non ferrous metals have been purchased by a family- operated business in New Hampshire for over forty years. Ferrous metals are sold locally.
Their prices and earnings are always dependent on the stock market. This year copper and other metal prices have reached prices never seen before. Their loyal customers have trusted them for many years, and this has helped the business be successful over time through stock market ups and downs. They are an honest, trusted family business with some customers that have been selling metals to them since their grandfather owned and operated it.
Entering Retirement
There is a 60 x 42 steel building on a cement pad with an office, three loading docks and two bathrooms. An outside boiler with four Modine heaters provides heat for the shop. They also have a kerosene heater for backup. There is also a 1993 Fleetwood two bedroom, two bathroom trailer home on site that currently has tenants. The potential buyer can either continue with this rental arrangement or choose to live in the trailer home.
The current owner/manager plans to stay to train the new owner and introduce customers and buyers for as long as needed. He anticipates it will take two years to fully train the new owner. The new owner will need to secure an annual State of Maine Dealer License and a Wholesale Resale Certificate, which are required to operate this business.
There are five other metal recycling businesses in the region located in Bangor, Brewer, Holden, Hudson and Orrington. Although other metal recycling businesses have either drive over scales to weigh metals or roll-off services many customers prefer to come to this scrap yard. They are an honest, trusted family business with customers that have been selling metals to them since their grandfather owned and operated it.
Drive on scales and roll-off services would double the business income. Automobile parts and sales could also be easily incorporated into this type of business. Marketing can also be expanded to contribute to additional revenue for the business. They are currently open for business Tuesday through Friday from 7:30AM to 4:00PM and Saturday from 7:30AM to Noon. The new owner could choose for this business to be open again on Monday for additional revenue.
(207) 922-3276
info@tbb.biz
295 Hammond Street
Bangor, ME 04401
P.O. Box 1533
Bangor, ME 04402
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