Innovative Mobile Waste Compaction: 81% Recurring | 52% CAGR | $2.43M SDE

Asking: $13,000,000

Texas

Business Description

Mobile waste and dumpster compaction company saves businesses money and cuts greenhouses gas emissions with state-of-the-art technology. Fast growing sub-industry within an ever-needed trash industry.

• Environmentally friendly: Emissions calculated on Co2 savings.
• Team: 15-person team with 19+ years of smashing experience and low turnover. Corporate culture of family, fun, high job performance.
• Operations: Operationally efficient and easy to manage; sales, operations support, fleet maintenance, and a team of well-trained operators / drivers to execute service.
• Franchise: Top franchise in the system. New franchise for the same area would cost $1.75M.
• Cash flow: Highly effective A/R collections of 98%.

Detailed Information

Location: Houston, Texas

Employees: 15

Facilities: 12 trucks. Great location to operate from in the market. Property owned by Sellers and recently renovated. Two acres with plenty of room for growth. Security of new 12 ft. fence/razor/cameras. Three bays for equipment maintenance. Several offices for growth.

Competition: Small, decentralized competitor.

Growth & Expansion:

  • Several cities and customers in the territory have not been approached. – Big whale customer prospects. – Hauling only 11% revenues, but compliments compacting and solves customer needs. – Marketing: Only 2% of customers were aware of this sub-industry.

Support & Training: Sellers are willing to stay on for a transition period (timeline and compensation to be negotiated). Training focus would be on sales, operational software, and invoicing.

Reason for Selling: Owner Retirement.

Established: 2020
Asking Price: $13,000,000
Cash Flow: $2,430,000
Gross Revenue: $5,200,000
EBITDA: N/A
FF&E:
Inventory: N/A
Rent: Leased
For More Info On This Listing
Contact Britt Clas at britt@earnedexits.com