MergerPlace

Recycling Company Opportunity in Hawaii

Hawaii


  • Asking Price: $2,500,000
  • Gross Income: $5,822,413
  • Cash Flow: $226,548
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $800,000
  • Listing ID: #213180
  • Established: 1922
  • Employees: 25

Business Description

A very profitable and long tenured (27 years) recycling business in Hawaii is offered for sale due to the retirement of the owner. The business is a certified redemption center and handles the State of Hawaii redemption on “HI-5” beverage containers (aluminum cans, glass bottles, plastic bottles, and Bi metal containers). These containers are processed and shipped off-island. Other materials such as newspapers and cardboard are also recycled.

Potential increase in profitability will be driven by the new state of Hawaii reimbursement rate increase in 2019. The business is offered full turnkey with all assets needed to profitably grow the business. For example, they installed a new $125,000 weigh scale in 2018 and added another Bobcat ($100,000) loader.

The company generated over $324,000 in 2017 and $226,000 in 2018 in SDE based on over $5.8 million in revenue. The owner will consider owner financing.

Contact us to get a very detailed Confidential Business Profile with full financials, business description and asset list.


Business Details

Primary Business Category: Services - Waste Management & Remediation
Location: Hawaii

Company Information

Year Established: 1922
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 25

Financial Information

Asking Price: $2,500,000
Gross Revenue: $5,822,413
Cash Flow: $226,548
FF&E: $800,000
Seller Financing Available: No

Property Information

Competition:

Limited

Reason for selling:

Retirement

Support & Training:

2 weeks

Contact Business Seller

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Business Listed By:

Tom Caltrider

Hawaii Business Sales