Summary
Excellent opportunity to acquire a well-established skip bin hire business with a strong reputation, extensive asset base and established customer base, servicing Melbourne’s West, North & South-East.
Location Details
Based in Sunshine North’s industrial area, the business can be easily relocated or integrated as a bolt-on acquisition. Currently servicing Melbourne’s Western, Northern, Inner-City and South-Eastern suburbs.
Potential
An established skip bin hire business with proven turnover, a solid customer base and a substantial fleet of trucks and bins, allowing a new owner to step straight into operations. Strong potential exists to increase profitability through improved pricing, increased marketing, route efficiency and greater fleet utilisation. Further growth could come from expanding the customer base, adding bins and extending into additional service areas.
Skills
No specialised industry experience is necessary to take over the business. Basic computer, scheduling and customer service skills are beneficial, along with the appropriate heavy vehicle licence or the ability to employ licensed drivers. Experience in transport, construction or waste services would be advantageous but is not essential. Full handover and training can be provided, making this a great opportunity for an owner-operator, first-time buyer or existing industry business looking to expand.
Hours
Flexible hours and days to suit new owner. Currenlty operating Mon-Fri 6am-5pm and Saturdays
Lease
The property owner is open to negotiating a new lease with the successful purchaser, with terms to be agreed.
Employees
3 Full time staff, 2 drivers and a yardman and 1 part time office manager.
Reason for Sale
After operating the business since 2007, the owners are now looking to retire. With continued demand and a loyal customer base, they feel the time is right to pass the business on to a new owner or existing operator who can continue to build on its long-standing reputation and future potential.
About the Business
This well-established skip bin hire business presents an excellent opportunity to acquire a proven operation with a long trading history, consistent turnover and a substantial asset base. Servicing residential, commercial and construction customers, the business benefits from repeat business, referrals and ongoing demand across a broad Melbourne service area.
Annual sales have remained consistent over the past five years, averaging over $550,000 per annum, demonstrating the stability of the business and continued demand for its services.
The sale includes four operational skip trucks, a forklift and approximately 100 skip bins ranging from 2m³ to 20m³, with all assets owned outright and included in the sale. This extensive fleet allows the business to cater for everything from small residential clean-ups through to larger commercial and construction projects.
The business operates under a straightforward and established model and can be run by an owner-operator or with employed drivers. A full handover and transition support can be provided to assist the new owner and ensure continuity for existing customers.
There is considerable scope for a motivated new owner to further develop the business through increased marketing, pricing reviews, improved scheduling and fleet utilisation, additional bins and expansion into further service areas.
The opportunity would suit an owner-operator, first-time business buyer, someone with transport, construction or waste industry experience, or an existing operator looking to expand its current operations and customer base.
The business is being offered for sale as the owners are looking to retire after many years in the industry. Attempts to gradually reduce the workload have been met with continued demand from a loyal customer base, repeat clients, referrals and increasing requirements from existing customers.
This creates an excellent opportunity for a new owner to take over an established, asset-backed business with a strong foundation, existing customer base and further growth potential.
History
The business has been operating since the 1990s, with the current owners purchasing it in 2007 as the third owners. Over the years, the business name and loyal customer base have continued to be passed on and built upon.
As we now look towards retirement, our hope is to see the business continue under new ownership or become part of an existing operation, with the long-standing customer base continuing to receive the reliable service they have come to expect.
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