Listing Number: 43566-161214
Description
An outstanding waste oil recycling service business is for sale. Mobile service for cooking oil micro filtration and recycling. Fleet of vehicles with proprietary processes and equipment for filtering hot fryer oil for commercial kitchens. Fully wrapped service vans (mobile marketing) that sell itself as neighbor restaurants see the vehicles and work going on next door. Tremendous recurring revenue stream with local and national accounts with many of the biggest names in the hotel/restaurant management and corporate kitchen business. A technical value-added niche market with great brand support, (training, marketing, and collateral materials). The service value proposition is the of the reduction in insurance costs for the businesses (clients), the removal of waste oil (that is then sold as another revenue stream) and increase in food quality taste - all occurring while helping the environment and reducing waste. Well-established business in place for 13 years, serving two market territories. Topline sales now well beyond the pre-COVID levels. Nearly $1,200,000 in sales with almost 15% cashflow brought to the bottom line. Over $400,000 in assets included in the sale. Management in place to be turnkey, (prosperous, and productive on “Day One”). Current owner has more work than he can handle and is looking to retirement. Possible owner financing for qualified buyers.
Listing Details
- Price: $ 795,000
- Down Payment: $200,000
- Sellers Discretionary Earnings: $ 167,917
- Total Sales: $ 1,173,689
- Location: Richmond County, Georgia
- Inventory: $ 0
- FF&E: $ 20,000
- Employees: 18
- Year Established: 2009
- Reason for Selling: Retirement
- Category: Environmental Rltd
