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This established business focuses on the recycling of stretch wrap/pallet wrap and plastic bags. The materials are recycled into pellets and supplied to a variety of customers that incorporate the pellets into their production processes.
Sale incl:
Loan account of roughly R2m
Tax loss of roughly R2m
Lease
5yr lease. Expires Sept 2026 with option of renewal. 7% escalation
R660,882 per annum
The business is well located in a business park and close to major roadways
The premises is well suited for the current setup and has room for further growth.
There is plenty room for growth
Owner would like to retire
24hrs a day, 5 days a week
Will be provided
