25-Year Established Waste Management Business in Hemel Hempstead with Expansion Potential
Hemel Hempstead, Hertfordshire
- Status
FOR SALE
- Advert ID
624412
- Asking Price: £80,000
- Turnover: £30,000 (£577 per week)
- Profit: £56,000 (187% Profit margin)
Key Features
- Accounts Available
- Established Business
- Home Based
- Offers Invited
Business Details
Rubbish & scrap metal
The established waste management and disposal business located in the town center of Hemel Hempstead, Hertfordshire, is now offered for sale. This business, known for its stable presence and operational efficiency, has been successfully running for 25 years. With an asking price of £80,000, it currently maintains a turnover of £30,000 and generates a profit margin of £56,000. All stock is included in the sale, along with available accounts.
This business stands out due to its fleet of well-maintained vehicles, optimized for efficient waste collection. These versatile trucks, including two 3.5-ton tipper trucks, ensure the accommodation of various types of waste disposal needs. The business is situated in a well-lit and organized location, enhancing operational effectiveness and customer accessibility.
With visible branding on the fleet, the business enjoys a strong reputation and substantial contact visibility, enabling easy customer reach and service requests. The area benefits from nearby amenities such as council contracts, further attracting clients and supporting the business’s enduring success.
The current owner, having managed and operated the business for 25 years, plans to move to the coast to explore opportunities in the Airbnb sector and seeks monetary support for this transition. Despite no increase in turnover over the past year, this business presents a strong foundation with minimal competition in the area. The owner is prepared to offer training opportunities to the new owner to ensure a seamless handover.
With only one employee at present, this home-based business has potential for expansion under new management. An online presence is already established, offering further avenues for growth and customer engagement. Prospective buyers are encouraged to make offers, as this unique business positioned in a prime location comes with distinct advantages for future development and success.
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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.
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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.
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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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