Listing ID: 78702
Opened in January 2018 and has grown the market to “3 ” hauling trucks. Revenues have grown yearly. 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 13 years of sustainable growth. Huge territory with huge expansion upside. Owners selling due to partners and other businesses.
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.firstname.lastname@example.org
- Asking Price: $372,000
- Cash Flow: N/A
- Gross Revenue: $607,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2018
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:7
- Furniture, Fixtures and Equipment:N/A
Leased warehouse for recycling component. Lease is year to year with the option to renew and assignable. 3 Junk Hauling trucks ( 2 trucks paid off, 1 truck buyer assumes payments)
The owner will assist in the transition and ongoing support. ( Call Center)
Partners and other business
2nd largest brand in the industry
Huge market to add trucks and dumpsters.
The company was established in 2018, making the business 4 years old.
The company has 7 employees and resides in a building with approx. square footage of N/A sq ft.
The property is leased by the company for $1,100 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons why people resolve to sell businesses. Nonetheless, the real factor vs the one they say to you may be 2 completely different things. As an example, they might claim "I have a lot of various responsibilities" or "I am retiring". For many sellers, these reasons are valid. But, for some, these may just be excuses to try to hide the reality of altering demographics, increased competition, recent decrease in profits, or a range of other reasons. This is why it is very crucial that you not depend totally on a seller's word, yet rather, make use of the seller's answer combined with your total due diligence. This will paint an extra sensible image of the business's present circumstance.
Existing Debts and Future Obligations
If the current business is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your offer. Many businesses finance loans with the purpose of covering items such as stock, payroll, accounts payable, and so on. Bear in mind that in some cases this can mean that earnings margins are too thin. Numerous organisations come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future commitments to think about. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that should be satisfied or may lead to charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the location draw in brand-new consumers? Often times, companies have repeat clients, which develop the core of their everyday revenues. Specific elements such as new competition sprouting up around the location, road building, as well as staff turnover can influence repeat clients and also adversely affect future revenues. One crucial point to think about is the area of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Obviously, the more individuals that see the business on a regular basis, the higher the opportunity to develop a returning consumer base. A last idea is the general area demographics. Is the business placed in a densely inhabited city, or is it located on the outskirts of town? Just how might the regional average family income impact future revenue prospects?