Owner Absentee, SBA-Approved, 40+YrOld Waste Mngt Co NETS$465,220

Silver Spring, MD
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Asking Price:$1,990,000
Gross Revenue:$1,913,966
Established Year:1984
Cash Flow:$465,220
FF&E:$175,000
BUSINESS DESCRIPTION

TURNING WASTE INTO TURNING PROFITS
Well-Established full service Junk Removal business has a sterling reputation for quality work, honest prices and great customer service. Overall 5 Star Google Review rating verifies that. With an excellent condition equipments and strong loyal customer base - you get 50+years established business with like a future fortuner earners.

Proud to bring to the market for the first time in over 50 years, this distinguished waste management company located in DC area. Renowned for its impeccable reputation and unwavering commitment to excellence, this family-owned business has been a cornerstone of the DC, Maryland and Virginia (DMV) marketplaces for over 5 decades.

Do not want to deal with tire-kickers. If you truly interested send appropriate financials or you will not receive a response. Please don’t waste our time and we won’t waste yours. This is a fantastic opportunity for an experienced buyer with more than 80 % of business coming from the existing customers.

Established since: 1984

KEY FINANCIAL PERFORMANCE FACTS YTD 2024 & BEYOND
Evidenced by the firm’s consistent margins and topline growth of a combined 13 % during 2024 and projected to be increasing 17-18 percent for the full year, this is a legacy turnkey offering with multiple scaling strategies, including geographical expansion, the introduction of additional services, and investment in human capital.

FINANCIAL & BUSINESS HIGHLIGHTS 2023
Sales: $1,901,000.00
Net Margins: 24.46 %+/-.
Sellers Discretionary Earnings: $ 465,220.00
Past 3 years Average SDEs: $ 362,000.00
YOY Topline Growth: 11-16 % plus
Significantly Revenue and Profit Trends: Consistently Growing
Strong Future Growth Opportunities by Adding Verticals: Targeting Commercial and Industrial Clients/Property Owners/Groups
Business Verticals: Waste Managment/Removals: 100%
Overall Customer Quality: Excellent
Payment Quality: Excellent
Customer Concentration Risk: Low,
Customer Relationship Mix: Long Term, Well Diversified Base.
Ideal Customer: Referrals - Existing /Repeat Customers
Property Status/Lease: Owned by the owner/sellers
Lease Terms: Long term and Rent $ 86,000.00 (approx.)

This is a cash cow business.

Reason for Sale: Retirement

Hours of operation: MON-FRI: 9.00 am 4 pm.

Proof of Funds Required: (Upfront)

LONG STANDING LEGACY AND COMMITMENT
Founded on principles of reliability, environmental stewardship, and community engagement, this company has cultivated a loyal clientele by consistently delivering superior service. The company's longstanding dedication to sustainable practices has positioned it as a leader in the industry, fostering trust and respect within the community.

CONTINUING SERVICE EXCELLENCE
At the heart of company’s success is its comprehensive suite of waste management solutions. The company offers a wide array of services, including residential trash collection, commercial waste management, recycling programs, and specialized waste removal services. Each service is tailored to meet the unique needs of its clients, ensuring convenience, efficiency, and satisfaction.

STATE OF THE ART OPERATIONS
Operating from a strategically located facility, the company utilizes advanced technology and equipment to streamline operations. The company's fleet of modern, eco-friendly vehicles and commitment to innovative waste processing techniques underscore its dedication to reducing its environmental footprint.

DIGITAL PRESENCE
The company extends its exceptional service through a robust online platform. The website offers a user-friendly interface for scheduling services, managing accounts, and accessing valuable resources on waste management and sustainability. This digital presence ensures seamless communication and service accessibility for clients.

CONSISTENT FINANCIAL PERFORMANCE & FUTURE GROWTH POTENTIAL
The company boasts impressive financial stability and consistent revenue growth, reflecting its strong market position and operational efficiency.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
FF&E Overview: Excellent however the property is owned by the seller and they are not selling the property with the business and this business is easily relocatable for the new buyers. FF&E General Condition: State of the art and well maintained FF & E good to go for next 10 years.
Competition
The competitive landscape of the trash industry in the DC metro area is characterized by a mix of large national firms, regional players, and smaller local companies. The DC metro trash industry is a dynamic and competitive landscape with opportunities for growth and innovation. Companies like our client, was able to leverage their local expertise, commitment to sustainability, and personalized service to stand out in this vibrant market.
Growth & Expansion
Opportunities: Expansion of Recycling Programs: Growing demand for recycling and composting services presents opportunities for companies to expand their offerings. Technological Integration: Implementing advanced technologies can improve operational efficiency and customer satisfaction. Sustainability Initiatives: Increasing focus on sustainability can help companies attract eco-conscious clients and comply with evolving regulations.
Support & Training
Number of Weeks Seller Will Offer Training: 4
Reason for Selling
Retirement
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Aamer
Chaudhary
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Aamer Chaudhary