1315 Lee Dr, Vista, CA 92083

Property Description

This family run business was started 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 company has a well maintained and robust line of equipment that allows it to substantially increase production rates with little change in the operations. The onsite processes are very functional and scale-able. The 2.2 acres of land is being offered for sale or long-term lease in a separate offering. 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. Although recycled metal commodity pricing has been down in the last few years the company is still very strong; when global demand picks up again pricing will too. This company is in the perfect position to capitalize on the commodity price increases that are surely coming in the near future. This is the perfect company to integrate into a larger recycling business or as a profitable standalone company. Don’t miss this opportunity! VIDEO: https://youtu.be/dEhKqzIbIp4