Property Description
ABOUT THIS BUSINESS: Massive skips business servicing the Mossel Bay and George areas, is a full operation with a 4 ton truck, Ford Ranger bakkie, 3 skip trailers and 92 skips. Easy to manage from a distance as the manager and two drivers are running the operations. A WhatsApp group facilitates the logistics for pick-up and drop-offs. This market dominating waste management company specializes in skip bin rentals and waste collection services, catering to residential, commercial, and industrial clients. With a strong customer base, reliable equipment, and a proven track record, this business offers a turnkey opportunity for entrepreneurs. Located in a growing region with high demand for waste solutions, it generates consistent revenue and has excellent growth potential. Don’t miss this chance to acquire a profitable, eco-friendly business in a vibrant market.
OPERATIONS: Under management.
REASON FOR SELLING: Relocation.
SCALABILITY: Massive market to grow and expand as construction industry is booming.
PREMISES: Leased.
TRANSACTION: Cash buyers only to enquire. (No seller finance)
ACQUISITION VALUE:
SELLING PRICE: R2,55m as a going concern
PROFITABILITY:
ANNUAL TURNOVER: R1,04m
AVERAGE MONTHLY TURNOVER : R86,000
NET PROFIT (EBITDA) PER ANNUM: R266,000
NET PROFIT (EBITDA) PER MONTH: R22,000 (**R37,000 per month average last 3 months)
INVESTMENT RETURNS:(EXCLUDING STOCK)
PE RATIO: 6.3
ROI(RETURN OF INVESTMENT): 16%
MPB(MONTH’S PAY BACK): 75
ASSETS:
MARKET VALUE: R1,6m
ASSET VALUE RATIO TO SELLING PRICE: 64%
