Southern California Washout and Container Business
|Gross Revenue:||$900,000 projected 2016|
This Company has been providing concrete washouts and debris containers since 2005. Company provides services to other contractors, predominantly to the largest concrete construction companies throughout Southern California. The industry demands are based on government requirements that all concrete washouts need to be secured and dumped in approved facilities that are deemed environmentally safe for recycle. Debris containers are loaded with construction/demolition trash and green waste from projects and are disposed of at appropriate facilities with the emphasis on recycling. This company has a strong and reliable reputation due to the efficient routes set by the dispatcher that keeps the mileage to a minimum and ensures timely deliveries. The accounts receivable is also a flowing and effective system as companies depend on the service typically on a weekly basis, which ensures on time payment for future services to be performed. The company also has the luxury of timely accounts receivable payments due to working on properties that have lien rights. Company is a debt free and has acquired new clients monthly simply by having bins and trucks be seen by all potential customers on the road and at local building sites. The company also experiences long commitments due to construction job size and road improvements. Some jobs can range up to three years at a time with weekly services to that particular site. Due to the location of the company, weather does not play a large factor in scheduling. The drivers maintain a steady pay stream which secures their contentment and company satisfaction of having loyal and positive employees on staff.
|Seller Financing:||A portion of price available to qualified buyers.|
Seller willing to stay on for one month for training purposes.
|Reason For Selling:||
Other business interests demanding time
Seller willing to rent space on their property for up to 3 months at a rate of $400.00 a month.
Since there has not been any active marketing the door is wide open to increase revenue by simply creating a website; adding additional trucks; sales personnel and other marketing tools.
As noted the current seller has not "worked" at growing their business so the door is wide open. There are not many competitors in the area.
Seller sees no reason that drivers would not stay on as they maintain a steady stream of income.