Nine-Year Plastic Recycling Business - Sharjah For Sale

Description

Nine years in the plastic recycling business.

Relocation to the UAE is possible.

Plant and Facilities

The business has two industrial sites.

One site is 20,000 sq ft. The other is 18,000 sq ft.

Combined area: approximately 38,000 sq ft.

Two offices and five accommodation units are on site.

Trucks are available for collection and transport work.

What the Business Does

The process starts with buying plastic material. It is then sorted and processed for resale.

The business has regular suppliers and repeat buyers.

Staff

There are 15 employees in total. Roles include sales, procurement, driving, accounts and site supervision.

Between 9 and 10 drivers are currently employed.

• Sales and procurement pay: around AED 5,000 plus commission
• Monthly payroll: AED 35,000 to AED 40,000

Financials

• Annual revenue: around AED 20 million
• Net profit: around AED 1.5 million
• Monthly costs: around AED 80,000

The AED 80,000 covers rent, salaries and other overheads.

Machinery

Machinery and equipment value: around AED 1.6 million.

Production equipment and operating assets stay with the deal.

VAT

VAT refund account included.

Asking Price

Price: AED 10 million

Business, machinery and operating assets included.