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Business for Sale Summary

Niche Oil Recycling Route for sale in NY - 35284

Business Type: misc. retail/non-classifiable,other business services,salvage/recycling/waste management,routes
Niche Oil Recycling Route for sale in NY
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Financial Information (non-confidential)

General Information
Asking Price $130,000 Down Payment $130,000
Gross Revenues $156,000 Lease Remaining Register Free to View
Owner’s Cash Flow $144,000 Number of FT Employees Register Free to View

Financing

$130,000 Down and

Business Description

Vegetable Oil Recycling Route - This is a niche business where the owner picks up used vegetable oil from restaurants for free and sells it to a refinery for $4/ gallon. Route has 20 stops in the Ulster County area. Seller recently consolidated this route and sold off 30 stops of a 50 stop route, and strategically kept these 20 stops closest to the warehouse. This comes with a van and the equipment needed to store the oil (which is non-flammable or combustible). Rent for the warehouse space is $850/mo. The route was initiated and built over the past 6 months. Posted Gross Revenue and Cash Flow are annualized based on the past quarter. Seller represents these 20 stops netted 12k/mo cash flow over the past 3 months, and provable by checks he deposited from the refinery. Owner has priced the business for a fast sale, as he is moving to Florida to enroll his special needs son into a program. Owner is willing to take serious prospective buyers on a ride-along to see the process, and help with a smooth transition. Prospective buyers must show 130k proof of funds before meeting the seller. Contact listing broker Brian Bernstein 929-969-0007.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.