Catylist ID: #30736777
Waste Management Company for Sale - 18% Cap
Business Opportunity for Sale
|Catylist Listing ID:||30736777|
|Property Subtypes:||Business Services|
|Building Size (RSF):||See Agent|
|Name of Establishment:||Waste Removers|
|Business Website Address:||9218 Dawson|
|Year Business Established:||2018|
|Gross Revenue:||$976,200 (Annual)|
|Cash Flow:||$0 (Annual)|
Overview / Comments
Looking to purchase an existing, profitable business? Just listed, a great opportunity to own an existing waste management company including all equipment and contracts boasting an 18% cap rate.
This opportunity includes 6 trucks, 2 trailers, 1,598 dumpsters, 678 poly cans, over an acre of land in Southwest Lubbock for parking and storage, a 40x40 shop, and an equipped 16x40 office building.
Without advertising or marketing, this owner/operate business has grown in the 3 years of operation and currently serves 1,240+/- private customers and also two municipal contracts. This entity has tremendous growth potential. With additional drivers, support staff and sales people, there is opportunity to absorb much more of the market share.
The current owner/founder is amenable to consulting and training for a negotiated period of time following purchase.
Contact Listing Agent for further information tour of the facility and FF&E.
Attachments & Media
|Industry Segment:||Waste Services|
|Reason for Selling:||Owner wants to invest the capital in another start-up business|
|Value of Inventory Included ($):||$1,723,050|
|Value of Furniture, Fixtures, and Equipment ($):||$0|
|Real Estate Status:||Real Property|
|Value of Real Estate Included ($):||$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|
|Proximity:||1 mile||3 miles||5 miles|
Jeremy SteenMcDougal, REALTORS
West Texas CIE Member
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