National, Established And Profitable Used Cooking Oil Collections And Oil Recycling Business For Sale.

Business Description:

Established in 2009 by the Seller, this successful business is one of the leaders in the collection and recycling of used cooking oil as well as waste and residue oils.

The process of collection, filtering and cleaning the oil is carefully monitored before it is exported overseas to manufacturers where it is converted into Biodiesel.

This business is the only one that can collect the used oil on a national scale.

The head office is based in Port Elizabeth with branches located in Durban, Johannesburg, Pretoria, Bloemfontein, and Kimberley.

This business carries both ISCC and DEKRA certification for its Renewable operations which further distinguishes this business from any other similar businesses.

The selling price includes all the business’s assets and buildings from which it operates.

Stock on hand is NOT included.

The Seller will provide a full training and handover period to the new owner.

Established, National, Profitable and Unique, this business offers a sublime opportunity to continue being instrumental in the highly lucrative biofuel industry

Financial Information

Annual Turnover:

+-R 275 501 677 (as per 2022 financials)

Operating Net (EBITDA):

+-R13 501 195 (Feb 2022)

Operating Net Margin:

+-5%

ROI:

+-39%

Assets and Buildings

+- R27 000 000 (Included in the Asking Price)

Rent per month:

The 2 x Buildings owned by the Seller are included, other offices utilised nationally may be subject to lease agreements

Vat registered:

Yes

Growth Potential:

The hard work for this business has already been done, and as this business has an already established client base, further growth possibilities could include the expanding of the national client base even further, opening of additional branches nationally and/or in other neighbouring countries.

MORE DETAILED FINANCIAL INFORMATION IS AVAILABLE BUT WILL ONLY BE PROVIDED TO SERIOUS QUALIFIED BUYERS AT A TABLE TOP MEETING AND ON COMPLETION OF A NON DISCLOSURE AGREEMENT

BuSiness Information

Business Type

Used Cooking Oil Collections And Oil Recycling Busines

Asking Price

R50 000 000

PROVINCE

Operates on a national scale.

CITY

HQ located in Port Elizabeth
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Premises:

This business operates nationally
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Trading Hours:

Mon to Friday:  07h30 to 17h00                                Sat and Sun:      If required
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Staff Compliment:

41 x employees (Nationally)      
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Buyer Profile:

This business will a similar type of business that is seeking to expand nationally, a Business that is seeking to add to its existing portfolio or any business looking to break into the lucrative oil recycling market.

Full training and support will be provided by the seller to the new owner.

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Reason for selling:

Retirement from the Industry
Disclaimer: All the information contained within this prospectus is supplied in good faith and is based on information supplied by the Seller; MN Business Brokers makes no representation as to its accuracy and in no way will be held liable for any eventualities arising from the use of the information provided.

Contact Us

call

Grant – 073 556 0065

email

grant@mnbrokers.co.za

visit

Office GF001 | Kings Market Office Suite | Cnr Buffelsfontein Road & Titian Road | Walmer Heights | Port Elizabeth | 6070