Listing ID: 78733
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.Territory size approx. 790 K population.
Contact: Jeff (603) 438-2653 Jeffreys.firstname.lastname@example.org
- Asking Price: $126,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2005
- 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
Warehouse facility for sorting, Reccyle Low overhead
Extensive training and support. National call center
Only "one" national competitor. Limited competition.
Huge growth industry. Leader in recycling revenue
The business was founded in 2005, making the business 17 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people decide to sell operating businesses. However, the true factor vs the one they tell you might be 2 totally different things. For instance, they might claim "I have way too many other obligations" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these might simply be reasons to attempt to conceal the reality of transforming demographics, increased competition, recent reduction in revenues, or a range of various other reasons. This is why it is extremely vital that you not depend absolutely on a vendor's word, yet rather, use the seller's solution along with your general due diligence. This will paint a more sensible image of the business's existing scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous operating businesses borrow money so as to cover items like inventory, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can suggest that revenue margins are too thin. Lots of organisations fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future commitments to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that have to be satisfied or may result in fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the area bring in new customers? Many times, companies have repeat clients, which form the core of their everyday earnings. Particular factors such as brand-new competitors growing up around the area, road building and construction, and also personnel turnover can influence repeat clients as well as negatively influence future incomes. One essential point to think about is the location of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more people that see the business often, the greater the opportunity to build a returning client base. A final thought is the general location demographics. Is the business situated in a largely populated city, or is it located on the edge of town? How might the local median home income influence future earnings prospects?