Business To Buy
Skip Hire & Waste Transfer Station |
| Greater Manchester, ---Europe |
http://www.turnerbutler.co.uk/memo.asp?id=CT028 &i=1
Skip Hire & Waste Transfer Station
Ref.CT028
Location Greater Manchester
Asking Price £ 425,000
Asking price includes:
Turnover circa £280,000 per annum
Net Profit circa £41,000
Assets of circa £100,000( not including the valuation of the circa 0.75 acre site)
Established for circa 20 years
Over 100 skips plus vehicles
Circa 0.75 acre secure site
Long leasehold site circa 971 years
Excellent working relationship with local council
Low overheads & low maintenance
Waste permit and Environmental license
Large client database with opportunity for growth
Goodwill
Business profile:
This is a superb business opportunity for someone to aquire a growing skip hire business and waste transfer station in the Greater Manchester area, close by to the M60/M62 motorwaty network. The family run business provides a service for commercial, industrial and domestic skip hire exceeding industry standards by recycling a minimum of 10% of the waste that they collect through their fully licensed waste transfer station. They deal mainly with contractors and own all of their own vehicles – they are not brokers and have no hidden or extra costs for their customers to incurr.
The business operates from a 0.75 acre virtual freehold site (971 years lease remaining) with a waste permit and environmental license in place. The site has operated as a waste transfer station and skip hire business for the past twenty years and has been under the current ownership for the last nine years. The site on its own is a valuable piece of real estate and could easily accommodate circa six small industrial units if required.
The company turnover is growing year on year under the family stewardship and they have assets of circa £100,000 including over 100 skips of various sizes, a small fleet of wagons and vehicles plus an excavator for yard work. The asset register doe not include the valuation of the circa 0.75 acre site.
They have built their reputation not just on price, but the quality of service, reliability, flexibility, and punctuality. They have a first class, easy to navigate website, which has the added facilty for customers to be able to book their skip requirements on line.
This would be a perfect bolt on as a satelite transfer station for a larger recycling company to aquire or it would be perfect for someone who is willing to invest and take to a new level..
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Financials |
| Price: $694,414 |
| Gross Income: $457,625 |
| Cash Flow: $67,009 |
| FFE: $0 |
| Inventory: $0 |
| Real Estate Value: $0 |
About the Business |
| Office Reference ID: #CT028 |
| Year Established: 0 |
| Financing: |
| Training: The vendors would be happy to help with a smooth transfer of the business in any way possible. |
| Facilities: This is a circa 0.75 acre site with a 999 year lease which has run since 1983 and therefore has circa 971 years left on the lease. The lease is reviewed every 10 years with the next review in 2013. Current lease costs are circa £7,500 per annum. The site is secured by a metal perimeter fence around the site and is also protected by cameras. |
| Competition: |
| Growth: There are a number of opportunities to grow the business from the site, including obtaining a hazardous waste license, investing in a weighbridge and creating a scrap metal business. There is also spare capacity to increase the amount of recycling which the company carries out on a daily basis. |
|
| Business Listed By |
| Name: Andrew Hudson |
| Company: Turner Butler |
| Phone: 01895 25 6000 |
|
| The information in this listing has been provided by the business seller
or representative stated above. BusinessToBuy.Net has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information. |
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