Listing ID: 81006
Environmental cleaning and washout with equipment, delivery, environmental plans, recycling facility, construction and demolition roll off/dumpster services for air, water, land, waste environmental compliance.
This business was started in 2006 with one heavy duty machine and by partners who grew this business to the success it is today.
Competitive Overview Minimal Competition in the area, can perform various related activities needed by construction companies.
Potential Growth Acquire landfill capabilities, additional Services, marketing, new industries
2 buildings on 3 land parcels
- Asking Price: $8,762,000
- Cash Flow: $875,000
- Gross Revenue: $9,253,000
- EBITDA: N/A
- FF&E: $1,300,000
- Inventory: $200,000
- Inventory Included: Yes
- 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:N/A
- Furniture, Fixtures and Equipment:N/A
The business was started in 2005, making the business 17 years old.
The deal will include inventory valued at $200,000, which is included in the listing price.
Why is the Current Owner Selling The Business?
There are all sorts of reasons why people decide to sell operating businesses. However, the real reason and the one they say to you may be 2 completely different things. As an example, they might state "I have way too many other commitments" or "I am retiring". For numerous sellers, these factors are valid. But, for some, these might simply be reasons to try to conceal the reality of changing demographics, increased competition, current decrease in incomes, or a range of other factors. This is why it is really essential that you not depend completely on a vendor's word, but instead, utilize the seller's solution along with your total due diligence. This will paint a more practical picture of the business's existing scenario.
Existing Debts and Future Obligations
If the existing company is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your deal. Many businesses take out loans in order to cover points like supplies, payroll, accounts payable, so on and so forth. Remember that in some cases this can indicate that revenue margins are too tight. Many organisations come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise 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 agreements with vendors that should be fulfilled or may lead to penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do businesses in the area draw in brand-new consumers? Most times, operating businesses have repeat customers, which develop the core of their everyday profits. Certain factors such as brand-new competitors growing up around the location, road building and construction, and employee turnover can affect repeat consumers as well as negatively affect future revenues. One crucial point to think about is the placement of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Certainly, the more people that see the business often, the greater the chance to build a returning client 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 typical home earnings influence future earnings potential?