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Starting a scrap metal business will cost you about $750,000 or more depending on the structure, size, and other factors that we will discuss in this article. Starting a scrap metal business provides environmental benefits by reducing the need for new metal extraction, conserving natural resources, and diverting metal waste from landfills. Recycling scrap metal …

Read More about How Much Does It Cost to Start a Scrap Metal Business? (Sales Forecast and Breakeven Analysis Included)

According to industry statistics, scrap metal businesses in the United States make around $200,000 to several million dollars, although the exact amount will be dependent on the factors that will be discussed below. It is believed that small businesses or local scrapyards bring in much lower revenues, most often around $200,000 to $1 million yearly, …

Read More about How Much Does a Scrap Metal Business Make Yearly? (Profit Margin)