Profitable, Chemical Recycling Factory
About this business for saleProfitable, Chemical Recycling Factory
Well established Recycling Factory which specialises in the recycling of Hydraulic Oil, Engine Oil and Solvent Thinners.
The business has contracts and tenders in place from various industries to acquire used oil’s and solvents. These products are then recycled into various by products which are sold onto wholesalers.
The business is operated from a large premises and has all the necessary specialized machinery in place. The factory employs two well trained staff who are capable of running the operation.
The owner has recently secured a two-year tender which provides a great, secure monthly income.
There are also many opportunities available to the new owner to boost the income and the Seller is willing to discuss these with prospective Buyers.
The asking price for the business is R 550 000 (excl. Vat). With an average net monthly profit of R 20 000, the business offers a good return on investment of 43% and or a payback period of 28 months.
To find out more about this opportunity please contact the listing broker - Greg King (084 556 6166)
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.