Summary
Skip bin hire business in Perth's Southern Corridor, $4.5 million asset sale. $666K adjusted EBITDA (FY26), $5.56M revenue, 15 trucks owned outright and 519 bins. Founders retiring.
Revenue
$5,560,000 pa
Net Profit
$665,550 pa
Location Details
Perth
Perth southern region, WA
Potential
Fleet at capacity in peak season; prices below competitor average; fast-growing region
Skills
No trade skills needed to own it; management team in place
Hours
Orders online 24/7; phones 6:30am to 4pm
Lease
Freehold depot (related entity), not in price. Buy separately or lease long-term at market rent (10 yrs or 5+5)
Employees
19, plus a contracted Operations Manager
Reason for Sale
Founders retiring
About the Business
Established nearly 30 years ago with one truck and 30 bins, this family-built skip bin hire business is now one of the go-to names for builders, tradies and homeowners across Perth's Southern Corridor. It runs two brands from one depot, one fleet and one booking system, and a tenured team runs it day to day. The founders are retiring.
FINANCIAL SNAPSHOT (FY = year to 30 June)
- FY26 revenue: $5.56M, up from $3.35M in FY23 (18.5% compound annual growth)
- Reported EBITDA: FY24 $644,041 | FY25 $641,109 | FY26 $611,883 | FY27 budget $764,845
- Adjusted EBITDA: FY25 $668,666 | FY26 $665,550 | FY27 budget $792,390
- Gross margin up from 29.1% (FY25) to 32.1% (FY26)
- Q1 FY27 revenue up 3.1% on last year
ASSET-BACKED OPERATION
- 15 skip loader trucks, all owned outright, seven of them 2020 to 2025 models
- 519 skip bins from 2m³ to 10m³
- About 14,200 bins delivered a year
- Booking system with job data back to about 2011, plus 24/7 online booking
KEY FEATURES
- Two-thirds of revenue comes direct through its own websites and phones
- No customer is more than about 9% of revenue
- Price rises in 2025 and 2026 held without losing any key trade account
- Most customers pay upfront, and debtors average about 12 days
OPERATIONS
- 19 staff (incl. 9 drivers, Service and Fleet Managers) plus an Operations Manager
- The owners don't work in the business day to day
- Orders online 24/7, phones 6:30am to 4pm, standard hire 7 days
- Freehold depot available to buy separately or lease long-term at market rent
GROWTH OPPORTUNITIES
- Fleet runs at capacity in peak season; truck and bin purchases paused ahead of sale
- Prices sit 4 to 9% below the competitor average on common sizes
- WA is Australia's fastest-growing state, and the Southern Corridor is one of Perth's fastest-growing regions
WHY BUY
- A scale, profitable operator with a modern owned fleet
- Runs without the owners, with management staying on
- Suits existing skip bin and waste operators, transport, demolition and earthmoving groups, and investors building a waste platform
THE DEAL
- $4.5 million asset sale. The vendors are open to an earn-out or retention.
- Transition support for up to two years and all staff in place
Strictly confidential. The business name and Information Memorandum are released only to qualified buyers who sign a confidentiality agreement. Please do not approach the business or its staff.
Enquire in confidence today: Shweta Sharma, Succession Plus
0432 591 529 · [email protected]
Images are illustrative only.
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