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Quick Facts
Asking Price: | $3,500,000 | |
Annual Revenue: | $2,200,000 | |
Net Profit: | $900 | |
Cash Flow: | $900,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 1,000,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | 9 | |
BBN Listing #: | 234830182 | |
Broker Reference #: | 061520211 |
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Business Overview:
High profit margin business. Established in 2013. They have 7 trucks. They customized their trucks to handle one trip whereas in the past it would take 3 to 4 trips to handle the same volume. They work on county contracts and are a subcontractor to some of the largest waste companies. Revenue has been consistent in the $2M plus range with the sellers discretionary earnings (SDE) in the $750,000 to $950,000 range. This year 2021 they are on pace to hit $1,000,000 in SDE. The owner has started another business venture. We are asking $3.5M including the trucks which are estimated to be worth in the $1,000,000 range and equipment.
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Property Features and Assets:
High profit margin business. Established in 2013. They have 7 trucks. They customized their trucks to handle one trip whereas in the past it would take 3 to 4 trips to handle the same volume. They work on county contracts and are a subcontractor to some of the largest waste companies. Revenue has been consistent in the $2M plus range with the sellers discretionary earnings (SDE) in the $750,000 to $950,000 range. This year 2021 they are on pace to hit $1,000,000 in SDE. The owner has started another business venture. We are asking $3.5M including the trucks which are estimated to be worth in the $1,000,000 range and equipment.
Market Competition and Expansion:
High profit margin business. Established in 2013. They have 7 trucks. They customized their trucks to handle one trip whereas in the past it would take 3 to 4 trips to handle the same volume. They work on county contracts and are a subcontractor to some of the largest waste companies. Revenue has been consistent in the $2M plus range with the sellers discretionary earnings (SDE) in the $750,000 to $950,000 range. This year 2021 they are on pace to hit $1,000,000 in SDE. The owner has started another business venture. We are asking $3.5M including the trucks which are estimated to be worth in the $1,000,000 range and equipment.
Reason for Selling:
Started another business.
Additional Details:
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