Las Vegas, NV (Clark County)

Business Description

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

The current owners are rapidly growing the business, but have taken an executive job at a large technology company. The Las Vegas market is poised for extreme growth with new ownership.

HIGHLIGHTS:
FINANCIAL:
• 87% Recurring Revenue
• 88% Compounded Annual Growth Rate 2021-2023
• $608k Trailing Twelve Months in Sellers Discretionary Earnings

CUSTOMERS:
• Highly diversified customer base
• Top customer satisfaction and loyalty in testimonials

GROWTH:
• Opportunity to approach large accounts yet on the Las Vegas Strip and Convention Halls.
• Marketing: Only 2% of customers are aware of this sub-industry.

OPERATIONS:
• Current owner and spouse are part-time. Can be replaced with one FTE owner/operator.
• Full-time salesperson in place.
• Operations efficient and easy to manage: sales, operations support, and a team of well-trained operators / drivers to execute service.
• Fleet maintenance outsourced to third party.
• Innovative / disruptive technology.
• Environmentally Friendly: Up to 70% reduction in dumpster weight volume, 65% reduction inCO2 emissions.
• Highly effective A/R collections of 98%.
• Facility 6,000 sq ft office/warehouse. Fits all four trucks and room for fifth.

Detailed Information

Location: Las Vegas, NV

Employees: 8

Facilities: Trucks: 2 Kenworth (2021 and 2022) and 2 International (2023 and 2022). Renting a 6,000 sq. ft. office/warehouse that hosts the trucks.

Competition: An estimated 2% of the market is aware of the business model of mobile trash compacting. Lots of upside.

Growth & Expansion:

• Opportunity to approach large accounts yet on the Las Vegas Strip and Convention Halls. Marketing: Only 2% of customers are aware of this sub-industry.

Financing: Negotiable

Support & Training: Support and training necessary to transition with success. Estimated 1-2 months.

Reason for Selling: Owner took job as a technology executive at very large technology companies.

Franchise: This business is an established franchise.

Business Website: https://smashmytrash.com/nv/