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TC Business Brokers

Florida Roll Off Dumpster Business Very Profitable For Sale

Jacksonville, Florida, US
Asking Price:
$2,400,000 Furniture / Fixtures included
Sales Revenue:
$1,640,000
Cash Flow:
$655,000

This highly profitable Roll-Off Dumpster Business covering five NE Florida counties is SBA Pre-approved with 10% down!

For 2021 this business generated $650k of pure owner earnings, on $1.64m in revenue (a 23% increase from strong 2020’s numbers). That's even with Covid! This company was founded in 2018 and has grown rapidly through brilliant business strategies, powerful branding, outstanding customer service, tactical market and other arrangements that substantially reduce costs. They are now turning down multiple roll-off calls a day and poised for substantial growth. Seller says they could keep another 20 dumpsters full and busy.

Business has substantial competitive advantages in the region and there are "barriers to entry" for competitors or new entrants in the market (for competitors to match this business's profitability, due to special processes and competitive advantages that are very difficult, costly and time-consuming to duplicate). Seller has gone through a time-consuming and expensive permit process to allow the business to dump on site and aggregate waste (acting as a mini-transfer station), so that only 4-5 trips to the dump are required per day vs. 12+ trips. There are persistent savings in dump fees, fuel, driver hours (saves 10 driver hours/ day) and other savings. These improvements result in $25k + in pure additional profits per month.

Sale includes 75 dumpsters in great condition worth over $350k, specialized tools for all the operations, a 40' shipping container used for storage and more. The sale also includes 4 owned trucks worth about $100k, + 3 leased trucks on good terms. One of those trucks can pull a big trailer for combining waste from several dumpsters into one load for efficiency and lower costs, the rest are for the dumpsters.

Property Information

Real Estate:

Lease

Lease Terms:

The large site and a 10,000 sq. ft. operations/office/mixed use building are leased for $5000 /month until 1/2025, with two (2) three (3) year lease options after that. Lease includes modest cost of living bumps and is assignable / can be full/partial sub-leased for additional income. The business only needs ~1500 sq ft. There are two potential residential units + garages as part of the 10k sq.ft. which an owner or manager/staff could live in (justifying reduced salary).

Leasehold Rent:

$60,000 per annum

Living Accommodation:

There are a number of clear ways to grow and expand the business. Numerous service call requests are turned down every single day. Also, substantial front-loader business is being turned down. Also, several of the business's large clients also have operations elsewhere in Florida and they would be very agreeable to service in those cities.

Location:

Ideally situated near major highways

Premises Details:

The large site and a 10,000 sq. ft. operations/office/mixed use building are leased for $5000 /month until 1/2025, with two (2) three (3) year lease options after that. Lease includes modest cost of living bumps and is assignable / can be full/partial sub-leased for additional income. The business only needs ~2000 sq ft. There are two potential residential units + garages as part of the 10k sq.ft. which an owner or manager/staff could live in - potentially justifying reduced salary. There is also an owned large 45' shipping/ storage container on site for tools etc., included in the sale.

Size in square feet:
10,000

Business Operation

Competition / Market:

This business sets itself apart in a number of ways from competitors which keep them fully booked and turning away business.

Reasons for selling:

Other interests

Trading hours:

M-F 8-5

Employees:
10
Years established:
4

Other Information

Support & training:

Seller/s will stay and train/ assist with the transition for at least 30 days, possibly longer at to-be-negotiated salary/profit-share. Current staff is fully able to step into more senior management roles.

Financing available:

SBA pre-approved with 10% down!

Furniture / Fixtures value:
$385,000 - included in the asking price
Home based:
This business can be run from home.

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