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Recycling Business For Sale
$800,595 Cash Flow!
OVERVIEW
Commercial/ Residential Recycling Business In Terrace For Sale Terrace, British Columbia, Canada
ASKING PRICE: $2,399,000 CAD
SALES REVENUE: $1766,267 CAD
CASH FLOW: $800,595
Fuglyness Factor
Recycling Might Be Sexy, But This Ain’t: Recycling is definitely trendy right now, but let’s be real: this business isn't exactly glamorous. Handling paper, plastics, and household paints isn't for the faint-hearted. But hey, ugly is beautiful in the world of business margins!
Ease of Operation
Smooth Sailing with Some Choppy Waters: With 12 trained staff and a full-time manager in place, the operational load on the new owner seems manageable. The current owner’s remote management style suggests a hands-off potential if you can handle occasional visits. However, don’t underestimate the complexities of managing a recycling operation spread across three facilities.
Seller Motivation
Retirement is Calling: The owner’s reason for selling is straightforward – retirement. This is a positive sign; they’re likely looking for a clean exit and might be flexible on terms to ensure a smooth transition. Plus, they’re open to various levels of continued involvement, which can be a huge advantage for a new owner.
Cash Flow
Crispy Cash Flow: With a cash flow of $800,595 CAD and 45% of business coming from contracted revenue, the financials are solid. This is a business that's not just surviving but thriving, with predictable income streams which are always a plus.
Owner’s Marketing Knowledge
Niche Market with Growth Potential: The business is positioned well in an industry experiencing growth, particularly with the increasing emphasis on sustainability. However, marketing a recycling business requires savvy about both B2B and B2C channels. Leveraging its position as the largest processor in the northwest could unlock more opportunities.
Financing Options
Flexible Financing Available: With pre-approved financing and owner financing on the table, the financial entry barriers are lowered. Only 5% cash required makes this a highly accessible opportunity. The owner’s willingness to be flexible with the purchase terms is a huge plus.
Assets and Inventory
Decent Asset Base: The inclusion of approximately $475,000 in assets and inventory is solid. This means you’re buying a business with substantial physical assets that can be leveraged for further growth.
Summary
Verdict: This recycling business is the epitome of a Fugly Business. It’s not glamorous, it’s hands-on, and it requires a bit of grit to manage. However, the strong cash flow, contracted revenue, and flexible financing options make it a highly attractive opportunity for the right buyer. If you’re willing to get your hands a bit dirty, there’s substantial potential to scale and capitalize on the growing eco-conscious market. This might just be the diamond in the rough you’re looking for!