Home Based Rubbish Removal Company
Location California,United States
Asking Price Range < $250K
Gross Revenues $44145
Net Profit / Cash Flow $30913
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1988
Number of Employees 1 - 3
Inventory 5000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training 1 week at 20 hours.
Reason for Sale Retirement.
Description This well established rubbish clean up and hauling business has been serving greater Los Angeles, from the Hollywood hills to Malibu, and south to LAX for over 22 years. The business specializes in clearing out furniture, appliances, and other unwanted household items from estates, homes, apartments, garages, storages and offices. With a long list of high profile clients, the business has succeeded due to its reputation for a high level of service, confidentiality, and trusted relationships it has developed. Health concerns have forced the owners to sell the business against their will, and have also required them to reduce their workload in recent years. With minimal expenses, the business has averaged net profits in excess of $50,000 over the last 10 years, with the highest yielding years producing over $70,000 in profit in 2002 and 2003.
Assets included in the sale include the business' name, telephone number, 22 years of yellow page display ads, a solid waste hauling permit, a city dump permit, a Ford F350 truck with dump hoist, a VW pickup, and 22 years of goodwill, including a customer list of repeat clients who regularly call on the business. The seller will personally vouch for the new buyer and assist them with any customer service issues for up to one year to ensure a smooth transition.
Competition is considered medium for this business. The competitive edge lies with the business' reputation, 22 years of marketing, and solid waste hauling permit.
The business has huge upside potential. Due to the modest, casual lifestyle the sellers have enjoyed, they have never focused on expanding the business. The solid waste hauling permit allows a new owner to expand the business to include construction and landscape removal, as well as other solid wastes. New owners may also seek to expand marketing beyond the current yellow page ads to include flyers, mailers, cold calls, drop-ins, etc.
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