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Tyre And Rubber Recycling Business In Melbourne For Sale

Melbourne, Victoria
Asking Price:
$3,950,000 (AUD)
Sales Revenue:
$3,200,000 (AUD)
Cash Flow:
Available on request

Entyre Enterprises Pty Ltd, trading as Tyre-A-Way www.tyreaway.com.au and Melbourne’s Cheapest Tyres www.melbournescheapesttyres.com.au.

For the last 38 years this leading Victorian tyre recycling business situated in Dandenong South, Melbourne collects processes and recycles daily large volumes of waste tyres. This business has developed and pioneered a unique business model in the processing and collection methodology. We have also developed innovative tyre recycling technologies. The founder and CEO, Bob Poll is retiring.

Our tyre collection business Tyre-A-Way collects between one and one and a half million tyres or 12,000 tonnes per annum from a longstanding customer base in Metro Melbourne and Regional Victoria with approximately 1,100 clients on its books.

This company has gained a high reputation locally and overseas within this industry, with its practical solutions to solving all aspects relating to tyre shredding, volume reduction machines, rubber material handling and rubber crumb recovery. We have also invented and developed new technologies which are cost effective for the maintenance of our tyre shredding plants.

Tyre-A-Way holds all relevant permits and licenses to operate its tyre recycling facilities and tyre collection services in the State of Victoria.
Tyre-A-Way is a member of the Australian Tyre Recycling Association (ATRA).
Tyre-A-Way is a verified and audited tyre recycling company as listed by the Boomerang Alliance Environmental Association.

Entyre Enterprises Pty Ltd, also trades as Melbourne's Cheapest Tyres. This business retails and wholesales second hand tyres derived from the collection business of Tyre-A-Way to customers locally and overseas.

Included in the sale price:
Two automated tyre shredding plants. Fleet of trucks for waste tyre collection. Wharf access and a facility for housing our plant and equipment for daily containerisation of tyre shreds and rubber products to our customers overseas. A fully equipped mechanical and engineering workshop for the maintenance of our shredding plants, fleet of trucks, plant and equipment. Sales and reception office with two separate offices including all fixtures and fittings, computers and telecommunications equipment. Also all intellectual property and goodwill.

Current revenue is $3M AUD per annum with a 30% return - experienced staff - high reputation locally and overseas.

Entyre Enterprises Pty Ltd also has a highly experienced Management Team in place which will ensure the continued successful and profitable operation of this Company.

The divisions of this company are fully integrated, each being a profit centre with six income streams.

Also included is a sworn valuation for plant and equipment by Lockwood & Co Pty Ltd of $4.8 Million AUD. This would allow the purchaser of this business to bring this figure into a new Asset Register for ongoing yearly tax deductions.

This business has excellent future growth potential within the recycling industry in Victoria and nationally. We are regarded as having best practice, verification and being a unique business model.

For any further information, please contact seller below.

Property information

Real Estate:

Lease

Lease Terms:

3 factories side by side current lease 1x1 but can be increased to 5x5. We have approval.

Leasehold Rent:

$165,540 (AUD) per annum

Location:

Prime high street location, excellent exposure.

Premises Details:

Three adjoining brick factories.

Planning Consent:

Licences and permits as per City of Dandenong under Victorian EPA guidelines.

Business Operation

Expansion Potential:

Increased export opportunities for second hand tyre sales, tyre shreds and fully decontaminated rubber crumb.
This model can be replicated in any other city or country.

Competition / Market:

Minimal due to our diverse business structure and efficient, low maintenance shredding machines and plant and equipment designed and manufactured in house.
All tyre recyclers now in Australia need to be a member of ATRA (Australian Tyre Recycling Association) and also TSA (Tyre Stewardship Scheme). There are only 2 other tyre recyclers in the Victorian market place who have this membership. Tyre A Way and 2 other recyclers hold these membership so the competition in the market place is very minimal.

Reasons for selling:

Owner retiring.

Trading hours:

6.30am to 5.00pm 5 days/week
8.00am to 3.00pm Saturdays.

Employees:
15
Years established:
38 years

Other Information

Support & training:

Training & consultation by retiring owner. Trained management and staff already in place.

Website:
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Relocatable:
This business can be relocated.

Contact Seller

Contact Information

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