Portable restroom rental business: SOLD
Portable restroom rental business: SOLD
Price: $550,000
Location: Cobb, Fulton, Greene, Putnam
Listing ID: 102620211
This portable restroom business has been serving a specific area of metro Atlanta for 20 plus years. The believe they have close to 85% of the construction market share for portable restrooms on building sites in their immediate market. There are plenty of growth opportunity for a new owner to expand outside the current market. The current owner runs a much larger full time business and is mostly absentee. Revenue for 2021 is expected to come in around $450,000 with seller discretionary earnings (SDE) for a hands on owner close to $180,000. The equipment and specialized trucks come to about $300,000. We are asking $550,000 for the business including equipment and trucks.
Down Payment: 60 to 70%
Gross Revenue: $450,000
Cash flow: $180,000
EBITDA: 180000
FFE Included: yes
FFE: 300000
Terms and Conditions?:
The buyer will need 60 to 70 % down. The seller will carry the balance.
Reason For Sale:
The owner has a full time position running his other much larger business
Training & Support:
yes
Year Established: 2000
Days & Hours of Operation: as needed
Owner Hours Per Week: as needed
Employees: 5
Managers: 1
Monthly Rent: 1000
Historical Summary:
This portable restroom business has been serving a specific area of metro Atlanta for 20 plus years. The believe they have close to 85% of the construction market share for portable restrooms on building sites in their immediate market. There are plenty of growth opportunity for a new owner to expand outside the current market. The current owner runs a much larger full time business and is mostly absentee. Revenue for 2021 is expected to come in around $450,000 with seller discretionary earnings (SDE) for a hands on owner close to $180,000. The equipment and specialized trucks come to about $300,000. We are asking $550,000 for the business including equipment and trucks.
Competition:
They have about an 85% share in their immediate market. There is plenty of room to grow outside their current 20 mile radius
Potential Growth:
They have about an 85% share in their immediate market. There is plenty of room to grow outside their current 20 mile radius