Regional Front-Runner in Clothing Recycling

Financial Information

  • Asking Price: $995,000
  • Gross Revenue: $982,000
  • Cash Flow: N/A
  • Down Payment: 0
  • FF&E (Included): N/A
  • Inventory: N/A
  • Financing: No

Business Location

  • Confidential
  • Washington
Primary Business Category: Collection Agencies

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.

Growth / Expansion overview

Opportunity to utilize existing bin infrastructure to collect other homewares.

Support / Training Comments

30 day support and training from existing owners.

Reason For Sale
Other interests.
  • Home Based: No
  • Year Established: 2011
  • Franchise: No
  • Year Acquired: 2011
  • Willing to Train: Yes
  • Relocatable: Yes
  • Required Licences: None

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Hours Open: 24/7/365
  • Fulltime Employees: 10
  • Part time Employees: N/A
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Monthly Rent: N/A

Contact Business Broker

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Business Listed by

Sunbelt Seattle/Olympia

Contact: Stuart Cutler
Office Phone: 206-999-6527
Mobile Phone: 4259997277
Listing ID: SEATTWA001-N18

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