Business For Sale

Sanitation Business with 20% Profit Margin

Not Disclosed, NE


Asking Price: Annual Revenue:
$420,000 $597,177

Services: Non-classifiable


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RE: Sanitation Business with 20% Profit Margin Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $420,000 15% Buyer Down Payment: $63,000 10% Seller Financing: $42,000 75% Bank Loan: $315,000 A 15% down payment profits $62,342 in the first year for an absentee-owned business!

Quick Facts

Asking Price: $420,000
Annual Revenue: $597,177
Net Profit: Not Disclosed
Cash Flow: $121,413
Total Debt: Not Disclosed
FF&E: $229,962
Real Estate: Not Disclosed
Year Established: 1971
Employees: 6
BBN Listing #: 676034398
Broker Reference #: SER046

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Business Overview:

With 2,400 accounts and growing by 120 new accounts each year, this absentee sanitation business in eastern Nebraska is a great acquisition for an Omaha or Lincoln-based company looking to expand into a new market. In business for 46 years, the owner has built a great team of employees covering all shifts, including one Saturday morning route. Customer are a mix of residential and commercial, with the majority falling into the residential category. There are currently 170 business accounts that could be a great area to grow.

Serving customers in 3 towns, the business does not offer recycling. A larger sanitation company acquiring this one could add recycling services to clients, but a smaller outfit or a single buyer would not find any profit in recycling. Due to this, the best growth exists in expanding the territory, which may require more employees to cover more accounts.

Included in the sale is over $225,000 in assets. All vehicles and equipment are currently housed on a private property, so a buyer would need to move everything to a new location. A space of roughly 4,600 sq. ft. should suffice. This business offers a tidy income for a buyer simply overseeing operations!

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Property Features and Assets:

Assets Included in Purchase: $229,962 Equipment: $120,671 – totes, dumpsters, containers Vehicles: $109,291 – 4 garbage trucks *replacement value

Market Competition and Expansion:

Growth Opportunities: Expand territory. Seek out more business accounts. More employees to cover more accounts. Build a simple website to draw clients.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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