MergerPlace

Industrial Bottle Washing Company

Nova Scotia


  • Asking Price: $1,350,000
  • Gross Income: $360,752
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $32,200
  • FF&E: $408,251
  • Listing ID: #213606
  • Established: 2016
  • Employees: 3 FT / 5 PT

Business Description

The company is a glass bottle washing and sorting facility that collects, sorts and washes beverage industry standard beer bottles, typically the 341ml amber beer bottle and glass containers, otherwise destined for crushing and tentatively into landfills. Originally established to meet the demand of the Micro-Brewers in Atlantic Canada, it is currently running at 25% percent capacity and can accommodate 3 times the volume. It also has added services and products to his facility that include customized services for the major brewers in Canada.


Business Details

Primary Business Category: Services - Other Services
Location: Nova Scotia

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 3 FT / 5 PT

Financial Information

Asking Price: $1,350,000
Gross Revenue: $360,752
FF&E: $408,251
Inventory: $32,200
Seller Financing Available: No

Property Information

Facilities:

The premises is located in a warehouse industrial building in what is considered an established industrial area of Burnside, the regions pre-imminent industrial park with easy access to 100 series highways. They are in the third year of a five-year lease with the option for another five.

Growth & expansion opportunities:

The company continues to grow its bottle washing base among the micro brewers and adds the major brewers for special projects which are often lucrative. As well the company is expanding its new product sales to the micro breweries which its feels will shortly compete with bottle washing for top line revenue.

Competition:

The market is the entire brewing industry in Atlantic Canada and West to Ontario. Current customers include three of the more prominent micro-brewers in Nova Scotia and a national brewer with discussions with another national company that has expressed interest in outsourcing their bottle washing nationally.

Reason for selling:

From inception, the shareholders of the company have invested a substantial amount of cash and financing to bring the company to where it is currently. Management feels that to further achieve company objectives more money is required to add a couple pieces of equipment and help drive operations, which are cash poor at this stage. While the company is turning a profit, extra funding would help accelerate the business plan.

Support & Training:

Will train for 4 weeks @ no cost The company provides glass bottle washing services for breweries and the beverage industry. The company also offers product destruction for companies that need to dispose of their packaged liquid products that are no longer suitable for merchandising. Their facility and staff can easily meet services such as warehousing, cross-docking, etc.

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Business Listed By:

Mark Pothier

Murphy Business Brokers