Profitable Tyre Recycling Business for Sale, Relocatable with Strong Customer Base
Relocatable
- Status
FOR SALE
- Date Submitted:
22/12/23
- Advert ID
251131
- Leasehold: £450,000
- Rent: £60,000
- Turnover: £725,000 (£13,942 Per week)
- Net Profit: £150,000 (21% Profit margin)
Key Features
- New Lease
- Potential for Alternative Use
- Accounts Available
- Company for Sale
- Small Business
- Offers Invited
- High Turnover
- Prime Location
- Attractive Business
- Established Business
- Unique Business
- Retirement Sale
Business Details
Profitable Leading Tyre Recycling Business with an excellent reputation & strong customer base.
Profitable tyre recycling business for sale
IDEALLY SUITED TO EXISTING RECYCLING COMPANY WITH OWN YARD THAT CAN TAKE THIS INHOUSE.
Profitable leading tyre recycling business servicing the North West of England for over 15 years with an excellent reputation and strong customer base. It is ideally suited for an existing recycling business to bring in-house. Topline figures: Financial year July 2023 - June 2024
- Projected turnover: £735,000 per annum
- Net Profit: £150K EBITDA
- YTD Turnover: £225K July 23 - October 23
- Net Profit: £48K July 23 - October 23
- If Taken into an existing business you could easily achieve £300K Net profit PA with some basic savings.
Business strengths
Substantial savings are to be made from adding to the existing business. We are averaging 350 tons per month with a scope for growth. It has fantastic scope for growth.
Current and future financial performance of the business:-
- Balance sheet and assets available
- High customer retention and loyalty
- Current contracts, pipeline and work in progress
- Highly skilled and loyal staff
- Over 15 years experience
- Strong network within the industry
Assets & Liabilities:
Assets: £165,000
Liabilities: £94,000
Equity: £71,000
Key points:-
It is ideal for an existing recycling business looking to expand its offerings and acquire over 2,500 new customers. It is a successfully trading, market-leading niche company with high customer retention.
Get in touch for more information.
Listing Statistics
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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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