Waste Management Company for Sale - 18% Cap

Business Opportunity for Sale
Catylist Listing ID: 30736777
Property Subtypes: Business Services
Building Size (RSF): See Agent
Sale Price: $3,000,000
Name of Establishment: Waste Removers
Business Website Address: 9218 Dawson
Year Business Established: 2018
Gross Revenue: $976,200 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 6/10/2021

Overview / Comments

Looking to purchase an existing, profitable business? Just listed, a great opportunity to own an existing waste management company including all equipment and contracts boasting an 18% cap rate.

This opportunity includes 6 trucks, 2 trailers, 1,598 dumpsters, 678 poly cans, over an acre of land in Southwest Lubbock for parking and storage, a 40x40 shop, and an equipped 16x40 office building.

Without advertising or marketing, this owner/operate business has grown in the 3 years of operation and currently serves 1,240+/- private customers and also two municipal contracts. This entity has tremendous growth potential. With additional drivers, support staff and sales people, there is opportunity to absorb much more of the market share.

The current owner/founder is amenable to consulting and training for a negotiated period of time following purchase.

Contact Listing Agent for further information tour of the facility and FF&E.

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lubbock
Industry Segment: Waste Services
Reason for Selling: Owner wants to invest the capital in another start-up business
Value of Inventory Included ($): $1,723,050
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $90,000
Employee/Labor Description: 3 Drivers and 2 administrative staff
Mgmt/Training Support Description: Seller is willing to stay on for an agreed upon time for training
Growth/Expansion Opportunities: Currently an owner/operate business, this entity has tremendous growth potential. With additional drivers and sales people, there is opportunity to absorb much more of the market share. The majority of the current business is word of mouth and little to no advertising or marketing by the current owner.
Seller Financing Description: Negotiable

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,268 22,302 72,352
Median Age: 37.39 33.28 34.14
Households: 848 7,914 29,232

Contact

Photograph of Listing Agent

Jeremy Steen

McDougal, REALTORS
West Texas CIE Member
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