Listing ID: 78736
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: $119,000
- 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:4
- Furniture, Fixtures and Equipment:N/A
1800 sq.ft. facility for sorting. Low overhead
Extensive training and support. National call center
Only "one" national competitor. Limited competition.
Huge growth industry. Leader in recycling revenue
The company was established in 2005, making the business 17 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons people choose to sell operating businesses. However, the true reason vs the one they tell you might be 2 totally different things. For instance, they might claim "I have too many various obligations" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these may simply be reasons to try to hide the reality of altering demographics, increased competition, recent decrease in profits, or a variety of other factors. This is why it is really vital that you not rely totally on a vendor's word, but instead, make use of the vendor's solution together with your general due diligence. This will repaint an extra sensible picture of the business's current circumstance.
Existing Debts and Future Obligations
If the current business is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous businesses take out loans so as to cover items such as supplies, payroll, accounts payable, etc. Keep in mind that in some cases this can indicate that revenue margins are too small. Numerous organisations fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future obligations to consider. There may be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with vendors that need to be satisfied or may cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the location attract brand-new customers? Most times, companies have repeat customers, which create the core of their everyday earnings. Particular variables such as new competitors growing up around the location, road building and construction, as well as personnel turnover can affect repeat clients as well as adversely affect future earnings. One important thing to think about is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more individuals that see the business often, the greater the opportunity to build a returning client base. A final idea is the basic location demographics. Is the business located in a densely inhabited city, or is it located on the edge of town? How might the regional average family earnings influence future earnings potential?