Trash company Residential / Commercial Maine -(UNDER CONTRACT)

Oxford County, ME
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Sale Pending
Asking Price:$1,300,000
Gross Revenue:$5,601,840
Real Estate:$750,000
Cash Flow:$523,343
Inventory:$1,680,000
Established Year:1975
BUSINESS DESCRIPTION

This long-established (49 year old) disposal company services a wide area of almost 50 towns with a variety of solutions including 4, 10, 15, 20 and 30-yard dumpsters. The company also picks up trash bags not in containers.

In addition to trash services, the company offers residential and commercial demolition services including pre-planning, demolition, clean up and disposal of all demo debris.

Commercial and industrial recycling is available for paper, metals, plastics and fiber, picked up weekly or monthly. Drop-off recycling is offered, so customers can bring paper, plastic and metals right to the company’s site.

Assets include 2,800 dumpsters of various sizes, 200 roll-off dumpsters and 5 roll-off trucks.

Seller will consider owner financing of inventory and real estate.

Financials
Purchase Price: $1,300,000
Cash Flow: $523,343
Gross Revenue: $5,601,840 (YTD 11/27/23 is $5.4M)
Inventory (Dumpsters): $1,680,000
Assets: (Trucks) $TBD
Real Estate: $750,000 (subject to commercial appraisal)
Employees: 23 FT, 8 PT
Founded: 1975
Reason for Sale: Retirement

Opportunities for growth: Consider expanding into more towns.
Training: The seller will stay on to assist with the transition.

Note: Financials are seller-provided and not audited by Inbar Group ,Inc.


DETAILED INFORMATION
Location
Oxford County, ME
Inventory
Not Included in asking price
Real Estate
Owned
Employees
31
Facilities
Incidental to the sale of the business. Seller estimates value at $750,000. Subject to commercial appraisal.
Growth & Expansion
Ramp up social media marketing to increase volume for gas and other services.
Support & Training
Seller will stay on to assist with transition
Reason for Selling
Owner is seeking retirement
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Charlie
MacPherson
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Charlie MacPherson