RAPID GROWTH BIN HIRE AND RECYCLING BUSINESS

Industry: | Listed by: Accord Business Brokers

RAPID GROWTH BIN HIRE AND RECYCLING BUSINESS


Key Strengths:

  • This is solid business which is very easy to run and is capable of significant expansion if a new owner wishes to put in the effort to do so
  • It has provided the current owner with a very comfortable life style for many years
  • There are approximately 40 active customers; no contracts are in place between the business and the customers, however the majority of the customers are regulars

About the business

This is solid business which is very easy to run and is capable of significant expansion if a new owner wishes to put in the effort to do so. It has provided the current owner with a very comfortable life style for many years.

It is a traditional bin hire operation with bins ranging in size from 2 metres to 20 metres. Although strictly speaking it is a bin hire business, there is an element of recycling carried out within a 600m2 factory/warehouse.

The business offers a 5 day week pickup and delivery service - it has a free call 1800 number with an easy dial facility "1800 xxxxxx". Please note: the director/owner usually works a half day Saturday to maintain trucks and equipment.

Managemenet/Staff

Trading hours are 7:00am to 3:30pm Monday to Friday. Staffing comprises a working owner/Director, one full-time driver and one factory hand sorting the recyclable material working 16 to 24 hours per week as required.
 
Business Report

Market / Customer:
There are approximately 40 active customers; no contracts are in place between the business and the customers, however the majority of the customers are regulars. 

Premises:
 
The lease over the business premises expired on 01/09/2009, and the premises are now being occupied in a holding over capacity with a minimum of 90 days’ notice by either party to terminate this arrangement. It is our understanding that an option to renew the lease is available and the term of the new lease would be negotiable. Rent is $3,168.00 per calendar month (incl $418 for outgoings).
It has been left on this basis as a purchaser may wish to re-locate the business.  
 
To receive ADDITIONAL INFORMATION on this business, please contact Steve Lentin:    
Know someone that could be interested in this?
Asking Price:
$350,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

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Locality

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Established on

Contact the business


Revenue

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EBITDA

$Annual Turnover: $500,000

No. of employees

Lease period

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Stock

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Contact Details Verified

Email Broker Verified

Advertiser Details
Company Logo
Victoria
Australia
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