SOLD! Bin Hire and Waste Management Business – Melbourne
Established 25+ years, Commercial and Residential customers throughout Melbourne, Annual sales in excess of $3.0M
Business Sale Price:
$3,300,000
Business ID: BS143179
Location: Melbourne
Type: Service
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SOLD! Bin Hire and Waste Management Business – Melbourne
Proud industry leader in Melbourne for reliable and affordable skip bin hire. The business offers skip bin hire to residential and commercial customers throughout Melbourne for all waste disposal needs. Services include delivery, pick-up and, where necessary, liaising with the council regarding any necessary permits on the customer’s behalf (accredited with 20 councils across Melbourne).
Over 350 skip bins range in size from 2.5 cubic metres (household clean-ups, small jobs) to 25 cubic metres (or industrial applications). 7 trucks are used for the day-to-day deployment of bins.
The business sorts close to 95% of the materials disposed of in their bins with much of it being recycled. Waste is sorted and separated into various groups, minimising tipping fees.
- Established for over 25 years
- Over 350 skip bins ranging in size from 2.5m3 to 25m3
- Bin range includes marrell system, hook system, and forklift and crane certified liftable
- On 12,000 sqm of land the site has 2 main industrial buildings (directly behind each other) with a small outdoor area between them and travelling cranes of 5, 12.5, and 16 tonnes
- Can cater for everything from building sites, office clean-ups, and home renovations through to big public events or small private events
- Green Star compliant
- 11 hardworking and dedicated employees (including the owner)
- Multiple repeat customers each spending over $100,000 per annum for bin hire
- Professional asset valuation completed in August 2022 showing assets valued at $2.2M-$2.8M
The current owner is committed to ensuring a smooth transition of the business to a new owner and is open to a transition period of up to 1 month and willing to consult for a period after that if considered useful.
This is a very well-run business with an exceptional reputation for high-quality and reliable service. The large 3-acre premises, inclusive of a licenced Waste and Resource Recovery Facility, is ideally located for major arterial access to all areas of Melbourne.
With significant residential, commercial, and industrial developments happening across Melbourne, the business is well-positioned for further revenue and profit growth.
Asking Price: The assets and goodwill of the business are for sale for $3,300,000
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