Bin Hire Business for Sale MelbourneEnquire about this "Bin Hire Business for Sale Melbourne" opportunity on aubizbuysell
RAPID GROWTH BIN HIRE AND RECYCLING BUSINESS
Business for Sale Description
Bin Hire Business for Sale Melbourne Asking: $350,000WIWO
This is solid business which is very easy to run and is capable of significant expansion if a new owner wishes to put in the effort to do so. It has provided the current owner with a very comfortable life style for many years.
It is a traditional bin hire operation with bins ranging in size from 2 metres to 20 metres. Although strictly speaking it is a bin hire business, there is an element of recycling carried out within a 600m2 factory/warehouse.
The business offers a 5 day week pickup and delivery service - it has a free call 1800 number with an easy dial facility "1800 xxxxxx". Please note: the director/owner usually works a half day Saturday to maintain trucks and equipment.
There are approximately 40 active customers; no contracts are in place between the business and the customers, however the majority of the customers are regulars.
Plant and equipment valued by the vendor at $457,950 is included in the sale, making the asking price a rare opportunity to acquire an operating and profitable enterprise at a discount on net assets.
The lease over the business premises expired on 01/09/2009, and the premises are now being occupied in a holding over capacity with a minimum of 90 days’ notice by either party to terminate this arrangement. It is our understanding that an option to renew the lease is available and the term of the new lease would be negotiable. Rent is $3,168.00 per calendar month (incl $418 for outgoings).
It has been left on this basis as a purchaser may wish to re-locate the business.
Management and Staff:
Trading hours are 7:00am to 3:30pm Monday to Friday. Staffing comprises a working owner/Director, one full-time driver and one factory hand sorting the recyclable material working 16 to 24 hours per week as required.
Telephone (03) 9569 2883
Fax (03) 8677 0868
Mobile 0419 910 099
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