Total of 18659 firms and businesses for sale today Wednesday 1st May 2024
Sold. Oils & Fats Traders & Related Waste Management Services
LISTING DETAILS
Firms For Sale ID:
33036
Vendor reference:
ECBS/1979/013
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
Undisclosed
Turnover / revenue:
£5,000,001
Net profit / cashflow:
Undisclosed
OTHER DETAILS
Reason for selling:
The shareholder has, over the past few years, reduced the amount of time devoted to running the business and has established a robust management team. He now wishes to retire but is willing to remain in the business after sale for a transitionary period to ensure a successful acquisition. Offers are sought for purchase of the total issued share capital.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
THE OPPORTUNITY
This Company is a long-established commodity trader in oils and fats. It has an excellent reputation for customer service within its blue-chip client base. In recent years the company diversified into the highly profitable Waste Management and Food Waste Recycling sector. This provides a regular and recurring revenue stream and is a service that the Company is now expanding. The business has significant assets and a strong cash position. The company is a licensed waste carrier, acting as an intermediary and dealing predominantly with commercial/industrial waste, which provides the materials to produce Biodiesel, Animal Feedstuffs, Fertilisers and Oleo Chemicals, as well as aiding anaerobic digestion systems. Whilst there are massive international business drivers for such services, our Client has only recently begun to develop this part of the Company, despite having an established and profitable relationship with a major international group to handle food production waste. The company operates from freehold premises, trading in the UK and Western Europe, with the UK market accounting for 70% of sales.
THE COMPANY
Founded more than 100 years ago
Well known and respected trader in oils and fats
Provides Hazardous Waste Management and Recycling services
Is a licensed Waste Carrier
Has a blue-chip client base
High growth sector with strong environmental drivers – UK Waste Management market forecast to reach £10.79 bn. by 2016
Innovative business model providing exceptional profit levels and offering significant opportunity for growth
THE FINANCIALS
2013 Draft Turnover £46M, EBIT £526K, EBITDA £552K
SALE TERMS
The shareholder has, over the past few years, reduced the amount of time devoted to running the business and has established a robust management team. He now wishes to retire but is willing to remain in the business after sale for a transitionary period to ensure a successful acquisition. Offers are sought for purchase of the total issued share capital.