Founded in 2015, this business has grown steadily year on year to become one of the most respected waste management and recycling operators in Melbourne.
Premises include an ongoing transfer station permit with 10+ years remaining.
Business is generating year by year sales growth and in FY2021 turned over $4.5m.
Transfer station has skip bin hire section holding a number of machines, trucks and over 300 skip bins.
Current trucks and machines valued over $2,500,000 with no need for further capital expenditure.
Projected net profit of $1,400,000 for the financial year 2022.
Current rent $220,000 + GST per annum with long lease extension options or option to buy the land for current market price.
Good business for investment that can be run under management.
Current owner is happy to assist for up to 12 months to achieve a comprehensive handover.
Price on Application Inspections are by appointment.
Interested Purchasers must provide to the Agent proof of financial capacity under strict NDA.