Solid Waste Collection - Commercial and Managed Residential (ID: 1070007)

Solid Waste Collection Business - Very Profitable

Seller Financing Available!
Asking Price: $1,550,000
Gross Revenue: $1,027,000
Cash Flow: $480,000
Inventory: n/a ++
Real Estate: n/a **
FF&E: $440,000 ++
Business Listed by Andrew M. SmithThe Morton GroupView All of My Listings
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Business Description

The business specializes in solid waste collection in commercial districts and managed residential communities, such as, homeowners associations and trailer parks. Earnings have been very predictable over past years as all customers are under service contracts. The business is offered for sale including all trucks, containers, and other owned tangible assets, as well as the customer base and its associated goodwill.

About the Business

Year Established: 1980
Number of Employees: 6

Facilities: The business maintains approximately 500 square feet of offices in its industrial zoned yard.The offices and yard will be leased at the rate of $3,500 per month base rent. The business owns and operates three licensed trucks and owns an additional four trucks as back ups which are not tagged. The business owns between 150-200 containers of various sizes. Total estimated market value of the tangible assets is $440,000.

Market Outlook/Competition: Business has no direct salespersons. All new business is obtained by word of mouth referrals. A salesperson and additional equipment would make this business very scaleable. The business is extremely well located in the business community and has a conforming industrial zoning use at its facility yard. The business enjoys an excellent reputation in the community and prides itself on never missing a collection in 30 years. Favorable dump fee contract.

About the Sale

Reason For Selling: Retirement.

Training/Support: Seller will provide a negotiable period of transition/training to the buyer.

Cash Flow Comments: EBITDA: $405,000

Seller Financing: Seller will consider financing to qualified buyer.

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