Business Overview:
This offering is a combination of 2 businesses holding dominant positions in the waste management segment serving the East Coast of Central Florida. Business #1 is over 70 years old and operates a portable toilet rental business (primary revenue driver) along with a Septic and Aerobic Treatment installation and servicing business that is the legacy business, but not actively pursued given workforce limitations. Includes a wide array of equipment: trucks (new 2020 F550 just ordered), trailers, pickups with approximately 1,100 construction/builder units currently in field and additional 150 special events rental toilet units having recently been purchased in attempt to support demand.
Business is flourishing with all units contracted to primary commercial and builder clients for weeks on end. In fact, shipment of new units has been ordered in attempt to keep up with demand that is further increasing from the commencement of regional and local events that were primarily curtailed the past 2 years due to Covid. Notwithstanding, both businesses are extremely scalable given the ongoing and long-term growth prospects of region.
Business #2 is also one of the largest roll-off container rental businesses in the region. Equipment is extensive including Hitachi excavator, Mach and Freightliner trucks, fuel tanks and nearly 300 containers of various sizes (10,15-,20- & 30-yard capacity). There is currently a waiting list of Clients needing containers. Consumer demand is being essentially turned away given increasing building and contractor client needs. Owner has elected to hold off on the purchase of new containers until the recent rise of steel prices begins to taper.
Offering also includes real estate consists of a 2.89-acre parcel representing the staging area for both businesses that includes an office/warehouse and storage building. Property also has a lime stabilization wastewater treatment plant that currently is used for temporary waste storage for toilet rental collection. With additional land for waste application, treatment plant could be operational for DEP approved waste disposal and profitable servicing of outside Clients.
If required, Owner would consider leasing the entire site.
Full confidential offering available. Financial disclosure represents current YE21 financials. Bio and credit info required.
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Property Features and Assets:
Located along primary north-south Hwy with easy access to major Interstates. Site is zoned light industrial (2.80 acres) and represents staging area for both businesses, Improvements include a lime stabilization wastewater treatment facility built in 2004 that includes a 40,000 final holding tank. Property improved with a 2,464 Square Feet CBS building that serves as administrative offices and repair/storage for businesses. An additional 1,730 Square Feet wood-framed storage building is also on site. A wide array of assets including trucks, pumpers, containers (289) vehicles and toilet rental units (over 1,200) are included in business offering.
Market Competition and Expansion:
Majority of the market consist of one-off firms in terms of toilet rental and container rental operations. There are a few larger Septic firms, however, brand name and reviews allow Company to capture repeated requests for service. It appears there are only 1 or 2 competing firms in their primary segments that generally service their own customers so heavy competitive pressures do not exist, notwithstanding, overall market demand is expected to continue to grow given regional growth forecasts.
Scalability of both businesses require an investment in additional containers, rental toilets and support vehicles that is supported by area growth and current demand that at many times is unable to be satisfied by business assets and overall workforce. This offering, as such, represents a unique growth opportunity for an engaged owner/investor.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- 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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