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Listing Number: 2643

Garbage Pick Up Businesses for sale in New London County, Connecticut

Business:Garbage Pick Up Businesses for sale
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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