- - UNDER OFFER- - The business is situated within a 16-kilometer radius of the CBD and holds a valuable transfer station license (environmental permit).
Over the years, the company has consistently grown to become one of the most respected waste management and recycling operations near the CBD.
In FY2023, the business achieved revenue of $5.4 million, with sales increasing annually. It is divided into two main divisions: the Transfer Station and the waste bin hire section, supported by a range of costly machinery, trucks, and over 300 allocated skip bins.
The combined replacement value of the current fleet of trucks skip bins, and equipment is approximately $3,000,000.
The projected net profit for the 2024 financial year is forecast at $1,900,000.
With options for extensive lease extensions or the opportunity to purchase the land at the prevailing market rate (current rent: $230,000 + GST per annum), this business represents a solid investment and can be operated fully under management.
To facilitate a smooth transition, the current owner is willing to assist for up to six months! Great, isn't it?
Interested parties must provide proof of financial stability to the agent under a strict Non-Disclosure Agreement (NDA).
Inspections are available by appointment
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