, California 9 views 0 favorites
Established in 2018, This business provides the Southern California region with waste tire hauling and processing services. Operating with a lean, mobile model ( no warehouse) , this business has an entrenched competitive advantage. Some other facts on the business to note: -7 current ( reliable, hardworking, and competitively paid) employees (6 full time 1 part time) - Each customer is a B2B repeat customer = recurring and predictable revenue -SDE: ~$250k annually -Seller will offer training and support for 60 days ( included in asking price) -Seller’s weekly average workload: 10-15 hours a week With a strong upward trajectory in revenue and margins over the past year, potential buyer has several opportunities to increase profitability: -Several opportunities to increase prices that customers pay - More trucks can be added to existing route (options to lease leveraging the businesses’ existing relationships, or buy with financing) -More services can be offered with the company’s existing equipment in inventory - Current routes only run 5 days a week, but there is an opportunity to expand to 6 ( potential ~20% increase in revenue) For more information please fill out the contact info below. Location: Covina, California Year Established: 2018 Number of Employees: 7 Facilities: Trucks are all leased on good long term contracts. More info can be disclosed after signing NDA. Market Outlook/ Competition: Competition limited due to high customer satisfaction and loyalty. Competition also limited due to unique nature of operating model. Growth & Expansion: Growth opportunities include: - Expanding service offerings with existing inventory - Adding more trucks to the road to service more customers - Gradually increasing prices on existing customers ( we are priced ~ 20% below competition) Pro and con: - Like any business, a team that is treated with respect and well paid will stick around and treat the business like its theirs. Current employees are happy- it can difficult to find replacements in this enviornment.
Listed: Apr 21, 2022
Updated: 6 hours ago
Views: 9
Favorites: 0