Absentee-Run Waste Management / Carting Business

Brooklyn, NY
Kings County

Asking Price: Annual Revenue:
$1,595,000 $1,320,000

Services: Business & Office Services

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RE: Absentee-Run Waste Management / Carting Business Broker: Moses Shmueli

Quick Facts

Asking Price: $1,595,000
Annual Revenue: $1,320,000
Net Profit: Not Disclosed
Cash Flow: $464,900
Total Debt: Not Disclosed
FF&E: $350,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 856026891
Broker Reference #: Not Disclosed

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Business Overview:

This Company is a fully licensed and insured family owned and operated waste management and carting business. The Company primarily serves commercial customers in Brooklyn and Queens but can readily address all five boroughs, including Manhattan. The Company maintains strong personal relationships with its customers and has a very strong track record of customer retention. In addition, it has been consistently and steadily adding new customers with virtually no attrition; a testament to high quality of service provided. This is a highly-profitable, completely absentee-run, turn-key business that is fully licensed and insured with over 300+ recurring accounts and essentially no bad debt.

Business Highlights:
• Highly-regarded, absentee-run business with long-term customers and reoccurring revenues
• Focused on high-growth neighborhoods driven by strong demand
• Relatively small size makes the business nimble and provides a competitive advantage vs. peers
• Low fixed costs produces superior operating margins
• Minimal marketing costs due to significant repeat and referral business
• Technically-proficient, friendly and highly loyal and trustworthy employees
• Industry protected from economic cyclicality with high barriers to entry
• Tremendous upside with virtually unlimited opportunities for growth

Owner is seeking to relocate to Florida and is therefore highly motivated to sell the business. He is willing to sign a non-compete. While the business is essentially absentee-run, the owner is willing to assist a new buyer in order to facilitate a smooth transition, if needed.
Growth and Expansion Opportunities

Tremendous opportunities exist to grow business as the Company has the freedom to operate in any market it chooses. Hiring a dedicated sales professional to canvas and develop new business would be expected to double business within a very short period of time. Additionally, entering new adjacent neighborhoods with high commercial densities, as well as marketing to corporate clients, offering more payment options and developing an online presence would present significant additional growth opportunities.

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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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