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VIC based. Servicing repeat corporate customers in the recycling industry. Taking into account last 2 full financial years plus year-to-date the adjusted operating net profit (BOS) would be approximately $700,000 per annum
The variety of customer’s requirements has created a situation where the business can transport one type of product from one capital city to another where specialist recyclers are located. Then backload a different product for recycling to the city where the trip originated.
The business has depots in each of the capital cities serviced and where required metropolitan deliveries are also carried out.
Business structure is such that could operated under management
Ideal "Bolt on" another for another trucking company looking for growth
Unique customer base with specialist requirements minimises need to continually seek new business
Most new business by way of recommendation
At the time of preparing this information memorandum there was no ongoing commitment to business premises, business can be relocated if required
It is anticipated that an experienced operator in the industry would be the most likely purchaser therefore there would be no requirement for training in the operation of the business.
However if required, ‘associated persons’ would be available to assist with changeover of the business operation and possibly future employment.
New entrants into this industry would have to absorb considerable setup costs and trading losses during initial start-up, also the uncertainty associated with new “start-ups” is eliminated.
The cost of acquisition at current level of sales is substantially less than commencing a similar business from scratch. Particularly if the quality of the current customer base is taken into consideration.
Asking Price is effectively asset value, $1,190,000.
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