Freehold Waste Transfer Station and Skip Hire Business For Sale
Business for sale
Asking Price:
£950,000
Turnover:
£350,000
Annual profit:
£60,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
Advent Business Sales have been instructed to offer for sale this well-established and lucrative waste transfer station and skip hire, with tremendous further potential.Established in 1989 as a can recylcing business, the current owner acquired the site in 1998 and started to trade as a waste transfer station as well as a skip hire business.
The business now has reluctantly been offered for sale due to the vendor’s personal commitments and possible plans to relocate.
Our clients have built an enviable reputation offering service with precision nationally.
The main source of business is the collection of aluminium cans from supermarkets and local authorities.
To compliment the workload, a successful skip hire business, which operated within a 10 mile radius of the site draws in further excellent income.
The premises comply fully as a waste transfer station, with total coverage in the region of 0.75 acres.
Currently the business is only advertised on Yell.Com and Yellow Pages with the majority of customers recommended through trade.
The business is equipped to a very high standard comprising of:
• 111 Assorted skips
• 460 can banks
• Roll on roll off 18 tonne lorry with crane
• 1 x 18 tone skip lorry
• 4 x balers ( 3 can & 1 paper)
• 1 x compactor
• Eddy current sorter
• Various magnets, sorters, elevators
• Transfer shed
• Shed
• Workshop
• Portacabin
• 6 x assorted roll on roll off skips
• Teleporter 57 reg
• Small van
Equipment purchased new would be in the region of £500,000. After depreciation the current value would be in excess of £300,000.
Regular contract work is carried out with 37 councils and 2 main supermarket chains, as well as 56 regular skip hire accounts.
General Information
Employees:The business is staffed by the two vendors on a full time basis, of which one solely concentrates on administration and legislative matters in addition a further four full time and one part time employee.
Trading hours:Mon – Sat: 7am – 6pm
Property:Freehold
Lease terms:TENURE: Freehold We are advised that the annual business rates are currently: £620
Living accomodation:¾ acre waste transfer station and yard, fully equipped for purpose and comprising of: Ground Floor - Large secure yard space utilised for purpose equipped to a high standard - Parking for vehicles to front
Location:The business is ideally located on a busy industrial estate in Sleaford.
The area can be easily accessed with the busy A17 less than ½ mile away.
There are excellent parking facilities with unrestricted parking directly in front of the premises
Expansion potential:The scope and potential is unlimited, as the waste transfer station is equipped to handle all types of products including non hazardous products. With advertising and a push with more corporate work, the potential is to expand the operation considerably.
Financing available:Please let us know if you require finance for the purchase of a business.
Employee details
Fulltime staff:
4
Parttime staff:
1
