Sectors / Category

Annual turnover

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  • Mandate: 34965
  • Added: 14 Oct 2021
  • AFS
  • 603

Recycling Business with Great Cashflow

North West, North West
603
Mandate 34965
Added 14 Oct 2021
R 4,400,000* ZAR
Stock: R 0
Assets: R 1,989,174
R 100,000 ZAR
Frans Joubert
(PRINCIPAL)
Aldes Potchefstroom
North West, Potchefstroom
North West, Potchefstroom
Summary

Recycling Business with Property Included

Recycling Business with Great Cashflow
SELLING PRICE AFS
R 4,400,000* ZAR
Stock: R0
Assets: R1,989,174
R 100,000 ZAR
Summary

Recycling Business with Property Included

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Fully describe the business's activities?
Paper and Plastic Recyclers and Scrap Metal Traders

How long has the business been established?
Since 1989

How does the business operate on a daily basis?
Buying of Plastic, Paper and Scrap Metals at recycling Yard, then on-selling to recycling trade

How are the clients attracted to the business?
Word of Mouth

What Advertising/Marketing is carried out?
None

Does the business have any contract work?
Regular relationships that were built over an extended period of time

What competition exists?
There are other players in the market, yet the liquidity of this business is stronger

What are the seasonal trends?
None

Is the business VAT Registered?
Yes

What VAT documentation is on file?
All

Are there up-to-date Management Accounts available?
Yes

What Balance Sheet and Income Statements are available?
2019 - 2021

What percentage of the business is cash/credit?
All cash business

What is the total staff complement?
18

How involved is the Owner in running the business?
Handson

When does the current lease end?
Premises is owned and part of transaction

What is the square meters of the business?
Yard approx 6,874 squares with warehouse at 1,000 squares and offices at 200 squares

What are the main assets of the business?
Buildings, property, scales, trucks, safes

Are any items not included in the sale?
One large safe that will be pointed out

What is their overall condition?
All in working condition

How have they been valued ?
Owner estimated used replacement value

Strengths?
Long history and liquidity

Weaknesses?
This business requires absolute hands-on approach

Opportunities?
A team such as Father and Sons that can drive the business aggressively can easily increase the constant cash revenues further

Threats?
COVID lockdowns

What is the reason for the sale?
Owner retiring

Why is this a good business?
Great cashflow with opportunity for growth

What is the price plus stock and the profit?
Four million four hundred thousand for business, assets and property

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AGENCY DETAILS

Aldes Potchefstroom

1 members
41 mandates
North West , Potchefstroom
Mia Meent Unit 3 6 Fick Street Potchefstroom
Potchefstroom

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