Featured Brokers
CONFIDENTIAL SALE
FOR SALE
01/11/23
602041
154899 / Rightbiz
based in East England
Overview
The company buys and sells recycled paper and plastics of varying grades for reprocessing and profit.
Providing a one-stop-shop for recycling, waste stream, and landfill requirements, the business processes cardboard, paper, and plastic for the Republic of Ireland, the UK, and Europe.
To ensure all regulations are met, the company is a licenced waste carrier and broker for the UK and the Republic of Ireland.
Our clients are now offering the business for sale to facilitate lifestyle changes.
Offers invited.
Key Highlights
- Operating in the recycling sector, the company works with nine active clients, all of which provide reliable streams of recurring revenue.
- Strong relationships with fully licensed recycling facilities in the UK and abroad to ensure that the journey of all processed waste can be tracked.
- New recycling legislation enforces businesses to drastically reduce packaging waste and encourages the adoption of a circular economy, which will attract additional clients and increase turnover for the business.
- Waste management industry revenue is anticipated to expand to reach £1.4bn by 2028, which the company is set to benefit from.
Offered as a fully relocatable opportunity.
Financial Highlights
- Turnover in excess of £1.3m in YE23 with an adjusted EBITDA of £215k.
- 54% increase in turnover since YE21.
- The company is currently looking to sell new grades of material to the UK, European and Asian markets, which is set to significantly increase revenue over the next few years.
- 83% of the business’s revenue derived from the UK and Ireland in the past financial year, with Europe generating 17%.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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