This Business is Under LOI.
This long-established (49-year-old) disposal company services a wide area of almost 50 towns with a variety of solutions, including 4, 10, 15 20, and 30-yard dumpsters. The company also picks up trash bags not in containers.
In addition to trash services, the company offers residential and commercial demolition services including pre-planning, demolition, cleaning, and disposal of all demo debris.
Commercial and industrial recycling is available for paper, metals, plastics, and fiber, picked up weekly or monthly.
Drop-off recycling is offered, so customers can bring paper, plastic, and metals right to the company’s site.
Assets include 2,800 dumpsters of various sizes, 200 roll-off dumpsters, and 5 roll-off trucks.
The seller will consider owner financing of inventory and real estate.
Financials
Purchase Price: $1,300,000
Cash Flow: $523,343
Gross Revenue: $5,601,840 (YTD 11/27/23 is $5.4M)
Inventory (Dumpsters): $1,680,000
Assets: (Trucks) $TBD
Real Estate: $750,000 (Might be available. Incidental to the sale of the business, subject to commercial appraisal)
Employees: 23 FT, 8 PT
Founded: 1975
Reason for Sale: Retirement
Growth opportunities: Consider expanding into more towns.
Training: The seller will stay on to assist with the transition.
Real estate is incidental to the sale of the business. The seller estimates the value at $750,000. Subject to commercial appraisal.
Note: Financials are seller-provided and not audited by Inbar Group ,Inc.
