Business for sale

Business description

Advent Business Sales are delighted to offer
for sale this extremely well established
business with excellent further potential.
Established over 50 years ago and under its
current ownership for the last 36 years, the
business has reluctantly been offered for sale
due to the vendor’s imminent retirement
plans.
Our client specialises in recycling scrap metal
and industrial wiring.
To operate the business, a full environmental
licence to accommodate 5,000 tonnes per
annum is renewed each year.
All necessary equipment is in place to recycle
industrial wires of all types and its waste in
return is sold on to equestrian centres and
horse arenas up and down the country.
The demand is such that enquiries for all
types of recycling or waste transfer is
regularly asked but due to the vendor’s
personal circumstances, it would be difficult
to take the burden of the additional waste.
The vast amount of yard space lends itself to
accommodate a full scale recycling plant as
well as skip hire.
The business is staffed solely by the vendor.
The environmental licence is renewed
annually at a cost of £1062.00.
REF: 8945HD
TRADING HOURS
Part time hours to suit requirement
EXPANSION POTENTIAL
The potential to acquire such an amount of
space lends itself and could attract and
entice a number of businesses within the
industry, this could include:
• Recycling
• Pallet distribution
• Skip hire
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Weekly sales: TBC
Gross Profit: TBC
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
TENURE: Leasehold - Rented
Original lease: 6 months
Remaining lease: 6 months
Review every:
Rent: £2341 per annum,
including car park
We are advised that the annual business
rates are currently: £336
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.