Regional Front-Runner in Clothing Recycling

Confidential, WA

Asking Price: Annual Revenue:
$995,000 $982,000

Services: Financial, Accounting, Insurance

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RE: Regional Front-Runner in Clothing Recycling Broker: Stuart Cutler

Quick Facts

Asking Price: $995,000
Annual Revenue: $982,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 10
BBN Listing #: 271358835
Broker Reference #: SEATTWA001-N18

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Business Overview:

Enviable clothing bin collection network comprising over 300 contracted locations serving the NW recycling market. This long-standing business has built and manages a bin collection network across 4 NW states for the purpose of collection and recycling of unwanted clothing, shoes and other textiles. The company repurposes 98% of the materials it receives. Clothing collection is leveraged to commodity prices which are showing signs of a positive turnaround since start of 2020. Key highlights of this business include: - Turnkey clothing collection recycle provider. - Collection bin network spanning over 300 sites across 4 NW states with long-standing contracted locations. - Available as an entire NW group or individual location sale. - Long term low-cost infrastructure in many high visibility locations. - Counter-cyclical commodity price play. - Potential to leverage bin network to other homewares. This is a going concern business supported by 3 leased locations. Pricing of the business has been based upon an asset sale model built upon the value of the collection bin network. Ave bin may cost $975-$1500 each depending on location and signage. Sale inclusive of trucks and trailers. Please contact Sunbelt Seattle for an NDA and more information on the business.

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Reason for Selling:

Other interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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