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Listing Number: 2643

Buy a Garbage Pick Up Business in New London County, Connecticut

Business: Buy a Garbage Pick Up Business
County, State: New London County, Connecticut
Business Type: Other Business Services, Cleaning Services, Misc. Servicel/Non-classifiable

Summary Description

Owner started this business in 1990 and has built it into a large garbage pickup operation. He currently has 3 full time drivers and himself. He has 2,200 residential customers with 700 on yearly renewable town contract. He picks up in Eastern CT and some towns in Rhode Island. One eastern CT town has stopped picking up bulk and he is purchasing equipment to handle that business as well which will tremendously increase sales and profits which is included in this sale. Owner presently rents small space to house trucks but will be expanding that to house new equipment for larger pickups.

About the Sale

Asking price: $500,000 (USD)

Financing: $400,000 down and 100,000/6%/4yrs.

Total Revenues: $360,000 (USD)

Cash Flow: $131,700 (USD)

Reason Selling: Owner wants to retire

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.