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Waste Transfer Station And Skip Hire Business

Undisclosed Cornwall
Waste Transfer Station and Skip Hire Business Ref.CT014 Location Cornwall Asking Price £ 1,500,000
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 22828
ADVERT IMPRESSIONS : 79,030 TIME(S)

 
BUSINESS SECTOR: Building / Construction
TRADE TYPE: Skip Hire
SALE: Agent Sale

LEASEHOLD:

££ 1500000
 

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BUSINESS DETAILS:

Business profile:
The company was established eight years ago situated in a small quarry site with easy access to the main road and nearby A30 dual carriageway supporting the county.
It represents the only commercially viable place to tip in the locality as transportation costs make other options too expensive. Waste is re cycled and all non-recyclable substances are reloaded and taken to a landfill site for disposal.

The waste transfer licence permits the company to handle an annual amount of, three thousand tonnes of scrap metal, two thousand tonnes of special wastes, ten thousand tonnes of degradable household wastes and ten thousand tonnes of degradable commercial / industrial waste and an annual amount of twenty five thousand tonnes of inert waste. These figures can be adjusted up to suit the operation when necessary

The company operates a successful skip hire business with around two hundred skips of varying sizes (4-40 yds) being available for hire for up to two weeks at a time. The operation delivers and collects around ninety skips per week. Collection is carried out using one of the two roll on roll off units or one of the two hookloaders. The company has built up an excellent steady trade with a wide variety of clients including housing associations, engineering companies and development operations.

Planning permission has recently been granted to build a large building for undercover re cycling, and a large workshop for the repair and maintenance of vehicles.

Equipment:

The modern fleet of vehicles include such makes as MAN, Iveco, DAF, Scania, Foden, and ERF. Four of the units have extending arms.

Key Strengths:

Waste transfer licence in perpetuity
Food waste licence
Environment agency licence
Ample room to expand
Financially sound
Good fleet of vehicles
Consistent client base

Growth and Expansion:

The developing green agenda will secure the ongoing viability, growth and success of this business.

Key Opportunities:

Commercial incinerator to be built within two miles of the site
Increased demand due to the developing Cornish infrastructure


Premises:

The site will be available to lease for an annual sum to be negotiated as part of the sales negotiations
Advertising and Marketing:

There has been no consistent or structured marketing to drive this business forward.

Financial profile:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. The turnover in 2007 was in the region of £800,000 with gross profits of circa £340,000. Full accounting information will be made available as part of an ongoing negotiation. Trading figures for the present financial year would suggest a turnover of circa £1,000,000.
Employees:

One director, retiring
One general manager and transport controller
One skip sorter
One machine driver
Four drivers
Two office staff
Support and Training

It is envisaged that the management and staff will stay with the business making the handover a seamless and professional process. The Managing Director would be willing to remain with the concern for a short initial period if required to do so.
Reason for Sale:

After a long and successful career the managing director has decided to retire.
   
  FOR SALE
   

REFERENCE:

CT014 / RightBiz
   
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