Business Overview

The ‘greenest” company in the junk removal industry, recycling 60% of all items removed from job sites. The company is firmly entrenched as the 2nd largest and fastest-growing in the still young junk removal industry. Desirable market. Recycling vendors remove the recyclables from our facility and pay us. The multi earnings stream business has a 14-year track record of success and verifiable cash flow.
Revenue and earnings verified by the company. Fixed ( monthly ) expenses remain largely stable while the business grows by adding trucks. Business to Consumer; heavy branding/direct response model via an integrated advertising program. Business to Business; realtors, property managers, construction. Business to Government; federal, state, local National Accounts Dept.

Financial

  • Asking Price: $132,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2005

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

2300 sqft. facility for sorting. Low overhead

Is Support & Training Included:

Extensive training and support. National call Center

Purpose For Selling:

Expansion

Pros and Cons:

Only "one" national competitor. Limited competition.

Opportunities and Growth:

Huge growth industry. Leader in recycling revenue

Additional Info

The business was established in 2005, making the business 17 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people decide to sell companies. However, the genuine reason and the one they tell you might be 2 completely different things. For instance, they may state "I have too many other responsibilities" or "I am retiring". For many sellers, these reasons are valid. But also, for some, these may just be excuses to attempt to hide the reality of transforming demographics, increased competition, current reduction in incomes, or a variety of various other reasons. This is why it is very important that you not rely entirely on a seller's word, yet rather, use the seller's solution combined with your total due diligence. This will paint an extra realistic picture of the business's current 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. Numerous businesses take out loans with the purpose of covering things like inventory, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can suggest that earnings margins are too thin. Numerous organisations come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future commitments to consider. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with suppliers that have to be satisfied or may result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location bring in brand-new clients? Many times, companies have repeat clients, which form the core of their day-to-day profits. Particular elements such as brand-new competition sprouting up around the area, roadway building, and staff turn over can influence repeat customers as well as negatively influence future incomes. One important point to think about is the location of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more individuals that see the business often, the better the chance to construct a returning customer base. A last thought is the basic area demographics. Is the business placed in a densely inhabited city, or is it situated on the edge of town? How might the neighborhood mean family income influence future earnings prospects?