Very good profitability

Description

The property is located near a very large city in the western part of Germany. The sale includes everything as a package: the business, real estate, and land. The enterprise is situated in an industrial zone on a dedicated and properly equipped 10,000 m² plot. This is a modern facility with all necessary permits, organized by the current owner more than 19 years ago. The business handles the acceptance of ferrous and non-ferrous metals, recycling of all types of paper and polymer waste, as well as waste collection services from industrial enterprises, garbage collection, and a full range of container services. The company is equipped with the necessary machinery and equipment, including trucks, container carriers, trailers, excavators, forklifts, a paper and plastic baler, a wood waste shredder, more than 200 containers of various types, and vehicle scales for weighing trucks. Over the past four years, the company’s turnover has doubled, reaching over €11.0 million in 2018. The business is valued at €2.3 million and has very good profitability at around 20%. It is being sold exclusively due to family circumstances. The company employs 7 people. The current owner is available to work for the new owner as a manager, assistant, or consultant on agreed terms. The real estate includes a 10,000 m² plot, production facilities, office building, plus two well-equipped apartments (220 m² and 160 m²) and a guest apartment (21 m²). All the real estate is in very good condition. The property also includes a garden house adjacent to a picturesque forest area and a heated artificial pond with decorative fish. The value of the real estate and land is €2.2 million. The buyer and their family have the opportunity to obtain residency in Germany if desired.