MergerPlace

Profitable Award-Winning Junk Removal

Ontario


  • Asking Price: $649,000
  • Gross Income: $989,829
  • Cash Flow: $137,845
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $68,500
  • Listing ID: #214683
  • Established: 2009
  • Employees: 8 FT

Business Description

This award-winning Junk removal business currently provides waste removal, recycling, donations and demolition services to five large franchise territories including Brant County, Brantford, Waterloo, Kitchener, Stratford, Guelph, Cambridge, Milton and Halton Hills. The business services residential and commercial clients and has received several awards for Revenue Growth, On Site Sales and Operations Excellence. The business continually exceeds previous years sales and 43% of revenue is recurring from repeat customers. The staff are professional and courteous and provide outstanding customer service. The franchise provides strong brand recognition that the business leverages along with local advertising.


Business Details

Primary Business Category: Construction - Building, Developing
Location: Ontario

Company Information

Year Established: 2009
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 8 FT

Financial Information

Asking Price: $649,000
Gross Revenue: $989,829
Cash Flow: $137,845
FF&E: $68,500
Seller Financing Available: No

Property Information

Facilities:

The business is centrally located with quick access to the 401 expressway for truck crews to easily traverse service territories. The facility is located along a public transit line that allows for easy access to employees with and without a vehicle. All four trucks for waste removal are stored here along with a branded support vehicle, equipment and various tools.

Growth & expansion opportunities:

The business has huge potential for growth by extending hours to include weekend junk removal. In addition, the business has such a large territory by adding additional crews and the possibility of satellite facilities to house new crews and trucks to fully maximize the potential of the 5 franchised territories with a population of over 1.4 million.

Competition:

The Waste Collection Services industry in Canada has a low level of concentration and the overall industry is characterized by a large number of smaller companies that operate on a regional basis.

Reason for selling:

The owner's other unrelated business is demanding the majority of his time.

Support & Training:

Will train for 4 weeks@no cost. he business provides waste removal services for furniture, junk, appliances, pianos, hot tubs, pallets, exercise equipment and construction debris. In addition, the business has also partnered with local charities and recyclers to recycle and donate as much of the waste as possible to reduce the businesses carbon foot print. Recycling and minimizing disposal is a huge initiative for the business.

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Business Listed By:

Greg Wood

Murphy Business Brokers