Business Overview

This existing Junk hauling business opened in May 2018. The partners are involved in other businesses and do not have time to devote to growth. Great opportunity for buyer to come in and mature the market by adding trucks and dumpsters. This brand is the 2nd largest Junk Removal/recycling company in North America. Highest rated service brand in North America and the only junk removal company that has a “recycling-warehouse” operation. 60% of all items from job sites are removed by recycling vendors from our facility and pay us…….. 4 revenue streams…….residential, commercial, national accounts, and recycling. Business is geared towards clients that are business to business, business to consumer, and business to governments. National Accounts. Very technology-driven business showing 14 years of sustainable growth. All revenue is verified by the company. Excellent books and records. Contact to sign N D A and receive the specifics. Jeff, (603) 438-2653, Jeffreys.byrd@gmail.com
No Brokers/Consultants

Financial

  • Asking Price: $329,000
  • Cash Flow: N/A
  • Gross Revenue: $449,973
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2017

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,000
  • Lot Size:N/A
  • Total Number of Employees:9
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

1,000 sq. ft. w/office and storage loft, 3-year lease (we are in month 5), $1,000/mo + utilities. 2 Full Sized Junk Hauling trucks, 1 cargo van. Van is paid off, buyer assumes payments on trucks.

Is Support & Training Included:

The owner will assist in the transition and ongoing support. ( Call Center)

Purpose For Selling:

Other business

Pros and Cons:

2nd largest brand in the industry

Opportunities and Growth:

Huge market to add trucks and dumpsters towards maturing the territory

Additional Info

The business was started in 2017, making the business 5 years old.

The business has 9 employees and is located in a building with estimated square footage of 1,000 sq ft.
The building is leased by the business for $1,000 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons people decide to sell operating businesses. However, the genuine factor and the one they say to you might be 2 completely different things. As an example, they might state "I have a lot of other obligations" or "I am retiring". For many sellers, these reasons are valid. However, for some, these may simply be justifications to try to conceal the reality of altering demographics, increased competitors, recent decrease in profits, or a variety of other factors. This is why it is extremely essential that you not depend completely on a vendor's word, yet rather, utilize the seller's response combined with your overall due diligence. This will repaint a much more reasonable image of the business's current situation.

Existing Debts and Future Obligations

If the current business is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Many businesses take out loans so as to cover things like inventory, payroll, accounts payable, and so on. Remember that sometimes this can indicate that profit margins are too small. Many businesses fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future obligations to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that should be met or might lead to fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area attract brand-new clients? Often times, companies have repeat clients, which form the core of their everyday profits. Specific variables such as brand-new competition growing up around the location, road construction, and staff turn over can influence repeat consumers and adversely influence future earnings. One essential point to take into consideration is the placement of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Certainly, the more people that see the business often, the greater the opportunity to construct a returning customer base. A last idea is the basic location demographics. Is the business situated in a densely populated city, or is it situated on the outside border of town? Just how might the neighborhood average home income influence future earnings potential?