Listing ID: 82930
Sunbelt Business Brokers of Baton Rouge presents this longstanding bulk resin (product) hauling and waste water removal business for sale. Business has an excellent reputation and large clientele list from operating over 41 years servicing the I-10 corridor in Louisiana and Texas. Business has a unique approach with income from two fronts including the hauling of bulk resin material (product) in pneumatic trailers and waste water removal in vacuum trailers. Company has all licenses required by the state of Louisiana for interstate trucking and intrastate trucking. Business is also licensed for and by the LAPSC, DOTD, USDOT, EPA, ICC, and DEQ solid waste. All licenses are in good standing with the various agencies and state of Louisiana. Company is primed and set up for new ownership to take it to the next level. This is a unique opportunity to acquire a company with such a diverse licensing portfolio, tenure and experienced workers. This could make an excellent add-on for another company looking to expand its services.
Owner is ready to retire and will help train and transition new owner accordingly. Contact us today for more information on this long standing, highly reputable bulk resin trucking and waste water removal business for sale. Come meet the owner, see the great fit for you, be impressed and make offer!
- Asking Price: $700,000
- Cash Flow: $200,000
- Gross Revenue: $740,000
- EBITDA: N/A
- FF&E: $400,000
- Inventory: N/A
- Inventory Included: N/A
- Established: 1980
- 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
Seller training & transition 3 months
The business was founded in 1980, making the business 42 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals decide to sell companies. However, the genuine factor vs the one they tell you might be 2 totally different things. As an example, they might claim "I have way too many various responsibilities" or "I am retiring". For many sellers, these factors stand. But, for some, these might just be justifications to try to hide the reality of changing demographics, increased competitors, recent decrease in incomes, or an array of various other factors. This is why it is extremely essential that you not count absolutely on a seller's word, but instead, make use of the seller's answer in conjunction with your overall due diligence. This will repaint a much more practical picture of the business's present scenario.
Existing Debts and Future Obligations
If the existing company is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous operating businesses borrow money with the purpose of covering points such as supplies, payroll, accounts payable, so on and so forth. Remember that in some cases this can indicate that profit margins are too tight. Many 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 additionally be future commitments to think about. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that have to be met or might cause charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the location draw in new consumers? Many times, businesses have repeat customers, which create the core of their everyday revenues. Certain factors such as brand-new competitors growing up around the area, road building and construction, and also employee turnover can impact repeat consumers as well as negatively affect future revenues. One vital thing to consider is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Certainly, the more people that see the business on a regular basis, the higher the chance to develop a returning consumer base. A final thought is the basic area demographics. Is the business situated in a largely populated city, or is it situated on the outside border of town? How might the local typical household earnings impact future revenue prospects?