Open to Negotiation
Hilton Smythe is delighted to welcome to the market this licenced recycling business. The business was originally established by our client in 2003. Our client has had a lot of experience in the trade and has thoroughly enjoyed running the business, however our client is now looking to sell the business due to the desire to take a well-deserved retirement.
The business is currently generating an advised turnover of around £100,000 with 50% gross profit. The recycling yard generates its turnover from recycling a wide variety of ferrous and non-ferrous metals. This is a licensed plant and is one of the town’s registered recycling yards.
We believe the turnover could be increased massively, if the new owner was to look into arranging contracts with local firms. This would guarantee repeat trade and a steady income. Also by introducing a website the business can promote its services and increase trade from a more further afield.
This is a well-established business that has built up an excellent reputation in the area therefore building up a great repeat customer base.
The property comes fully equipped for the trade with a large amount of expensive tools included. Also included in the sale are two pick-up trucks which are used to pick up stock. The business is also fully licenced.
This is a great opportunity for a purchaser interested in this type of business. Our client would also be willing to act as a consultant for 12 month whilst the new owner gets settled. Hilton Smythe highly advise early viewing to avoid disappointment.
This recycling yard is located in Bedfordshire.
This business is situated on an industrial estate surrounded by complimentary businesses such as, a tyre fitters, skip hire, vehicle recovery, garages, timber suppliers and more. This area receives a large amount of trade and a heavy amount of footfall.
The business benefits highly from great road connections that joins to the motorway networks.
The business is located on a row of industrial units. There is a large front yard and a generous unit.
400msq ft unit with 1st floor mezzanine storage area.
Workshop area with:
2 x cable strippers
2 x weigh bridges
2 x guillotines
Fork Lift with rotator
2 x post Ramp
Waste oil burner
Misc. hand tools
2 x pick-up trucks
20 x storage bins
The unit and compound is secured with fencing.
We are advised the business is Leasehold.
Rent is to be advised.
The business is open-
Monday - Friday: 7am – 4:30pm
Saturday: 7am – 1:30pm
The business is run and managed by our client with the help of 1 self-employed members of staff.
The business generates a turnover in the region of £100,000 per annum.
With a gross profit of around 50%
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