An excellent chance to buy a roll-off waste management business operating in 5 Florida counties with potential to expand into other regions. This opportunity is not a contracted residential/municipal trash/recycle pickup business.
Overview of this business for sale
Established in 2018 the company quickly has grown due to efficient strategies, strong branding, excellent customer service, established agreements, and other arrangements that substantially reduce hauling costs. They have a lot of orders every day and have to turn down many roll-off calls a day. Included in the sale are 75 dumpsters, 15 trucks, and trailers (3 are favorably rented), tools, etc.
A significant part of revenue comes from waste hauling contracts and other specialized services, which will be disclosed after a non-disclosure agreement is signed. In 2021 their numbers are trending up. In 2018 and 2019 the profits were smaller as the owners reinvested into the business and equipment, however, the revenues took off strongly in 2020, even with the COVID-19 lockdown conditions.
Opportunities:
A few major Northeast Florida clients have operations in Tampa and they have specifically asked this business to expand its services in this area. Commitment letters are already signed. This would result in immediate high earnings just from the committing clients. The owners advise establishing a Tampa operation, complete with approx. 50 dumpsters, 2 rented trucks, and facilities, for an additional sum in the purchase price. This is probably the best high-ROI investment a purchaser of the core business could do.
Please note: The owner is considering only a straight full purchase with a small seller loan possible if required for SBA. NDA and proof-of funds are a must.
Facility overview:
This roll-off waste management business for sale leases 1200 square foot building (office and operations area) sitting on 2 acres. The location also includes some storage containers on-site for equipment.
Employees:
There is a total of 15 employees.
Reason for selling:
The owner is looking to retire and pursue other interests. He will remain for a while for the transition for at least one month. Also, he will consider staying in business for up to a year with negotiated salary/profit-share.
