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Jul 24, 2019 — Offered at $6,100,000
Offered at $6.100,000 and based on Florida's east-central coast, this successful and profitable waste management company offers a wide range of waste management services across Florida, primarily in residential/commercial/industrial waste pickup and disposal. The business generates $5.53M in sales (estimated 2018), throwing off an owner benefit of $1.31M +. The sale includes well over $2 million in fixed assets, vehicles and equipment (much of it newer and recently acquired or upgraded at a cost of $1m +) that will be critical to the business's continued success and expansion.
In business over 20 years, this company has a strong reputation and enjoys a 90% repeat business rate. The seller will remain to assist through a transition and the majority of 24 highly skilled and knowledgeable employees will most likely be willing to remain on with a new owner.
Substantial growth opportunities exist on multiple fronts and the seller will help provide a clear pathway forward for a new owner to continue to grow both sales and profits. The firm is entrenched in its market, with high customer loyalty (90% client retention) and strong growth and expansion plans are in place for a new owner to quickly implement
Seller will be of substantial assistance in the transition, making introductions, and smoothing the way for a successful transfer of ownership. Strong management team will likely stay on for some time to further extend a transition and ensure success.