BS151247 Bs151247, Gosford NSW 2250

Business ID: BS151247

FY22 T/O $1.38m - EOI Required Before 15/9/22. Inspection of assets can be organised before this date.

Established over 20 years ago this business has an excellent rating on social media for the quality of service provided.

This has produced a large database of previous customers including regular repeat orders from local builders etc.
The typical area serviced by the business incorporates Gosford and Wyong Shires, although service is occasionally provided for regular customers a little beyond these boundaries. The business chooses to sort its waste to reduce landfill costs and maximise $ that can be earned through recycling waste and one of the additional assets that could be purchased is a concrete crusher and screen.
Diesel plant is well maintained by the owner and one of the drivers is an experienced fabricator, capable of performing high-quality repairs to the bin stock as required.
It is anticipated that if this business was absorbed within a similar operation the annual net profit could comfortably be in the region of $250K per annum.

-Well presented and maintained trucks and bins
-Independent valuation of assets can be provided (as at 23/8/22)
-160+ serviceable bins from 2 cubic metres to 30 cubic metres
-5 Trucks 3 Skip bin trucks, Hook Lift Truck and Bogie Tipper
-Website/Facebook Page and all other IP included
-Average number of bins hired per week = 58
-Average cubic metres of bins hired per week = 235 m3
-Business operates under the EPA threshold no EPL req'd
-6 experienced staff inc 3 drivers and 1 operator/truck driver and 1 sorter + 1 Administrator
-Business operation needs to be relocated on sale
-Mon Fri operation Saturdays optional, operate 7am 12pm if required.

The vendor will work with the new owner for a 2 week period to ensure a successful handover and will be contactable for a further 2 months to assist with any further questions about the operation of the business.

This is a perfect 'Bolt On' opportunity for a competitor who may be able to eliminate some of the business costs to produce significantly superior profitability from the assets included with the sale.
An independent valuation of the assets will be available for inspection shortly.

Asking Price: Expressions of interest required:
Option 1 IP only inc Customer Database, website, telephone #
Option 2 IP and Bins only
Option 3 IP, Customer Database, Bins and Trucks only
Option 4 IP Customer Database, Bins, Trucks and additional Plant & Equipment

Property Code: 2914