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Paper Recycling Business in South East England with £755k Turnover & 60 Clients for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    10/08/22

  • Advert ID

    498483

  • Reference

    152799 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: Price on Application
  • Turnover: £1,000,000 (£19,231 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

A PAPER RECYCLING COMPANY CATERING TO COMMERCIAL CLIENTS BASED IN SOUTH EAST ENGLAND

YE24 five month management turnover of £283k. YE23 turnover in excess of £1m, with an adjusted EBITDA of £534k. Supplies recycling equipment to its clients, with all waste collected on a schedule that suits the needs of individual organisations. UKSSA certified, providing the opportunity to introduce a secure shredding service. Caters to circa 60 commercial clients, all of whom provide repeat business, with some relationships spanning over 15 years. Shareholders wish to remain in their current roles and work with a buyer to ensure the growth of the business. Operates from freehold premises, which may be included in the sale on a freehold or rental basis. In an ideal position to benefit from growing demand for paper recycling The shareholders are offering the company for sale as part of their retirement plans. Offers invited.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'A PAPER RECYCLING COMPANY CATERING TO COMMERCIAL CLIENTS BASED IN SOUTH EAST ENGLAND - 152799 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.