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Industrial Recycling Facility


Located in Southwestern Ontario, this long-standing and continually growing industrial facility provides an important recycling service for regional chemical companies in the U.S. and Canada.  Noted for their exclusive and reliable product offering, the second-generation owners are retiring and searching for a buyer to continue providing exemplary service to their diverse, repeat customer base in the food processing, pharmaceutical, oil and gas, general chemical, and automotive industries. 

Included in the sale of this highly respected business is a developed industrial property and a vacant industrial site suitable for business expansion and storage.  As members of a North American trade association, the owners have been committed to regulatory compliance and to implementing and maintaining excellent environmental management and housekeeping practices.  The company is fully certified by Transport Canada and maintains a documented quality assurance system. 

The business has a staff of highly trained employees, including office administration, operators, foremen and company truck drivers.  All procedures and policies are thoroughly documented and all team members receive regular TDG (Transportation of Dangerous Goods) and WHMIS (Workplace Hazardous Materials Information System) training. 

Owing to recent industry consolidation, the company’s local captive market share has been expanding, with the nearby U.S. market providing an untapped and significant source of new business.  Current capacity utilization of the facility, a high barrier to competitive entry, and local availability of a skilled and flexible workforce offer ample opportunity for a new owner to take this business to the next level of sales growth.



Listed By: Gary Brooks

Background information

Reference:

recycling

Year established:

1963

Reason selling:

Retirement

Finance

Sales:

$980,000

Profits:

$288,000

Profit type:

Discretionary Earnings

Operations

Employees:

8

Premises

Facility:

39,204 sf - improved site (with 5,849 sf industrial-type improvements) 31,667 sf - unimproved industrial site

Price and terms

Price:

$1,000,000