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Profitable Manhattan Rubbish Removal

Manhattan, New York

Asking Price: Gross: Cash Flow:
$425,000 $884,000 $188,000

Furniture and Fixtures Value:
$180,000 (included in the asking price)

Business Summary:
Profitable rubbish removal/ scrap metal venture that work borough of Manhattan. Presently run four dump trucks: has 3 trailers also, 3 fords, 2-2011 1-2012 plus one Chevy. 3 trailers 2005 2013, 2014 (Does not handle containers). Yard is in the Bronx were he pays $1000 a month to keep parked vehicles. This is a very profitable business, picks up scrap metal this is an extremely profitable part of business. Profit margins are tremendously high on this end. Dump trucks and trailers for pick up are available at most hours and times. This type of business can be easily absorbed into a larger construction company.

 
   
   
Year Business was Established: 2004
   
Number of Employees: 3  
   
Facilities / Terms of Lease: Owner keeps his vehicles in yard located in Bronx- all his rubbish work is in Manhattan-open lease for yard $9,000 a month.  
   
Potential Growth/Expansion: Getting sales people and more trucks.  
   
Competition: There is competition however there is a spillover in demand for this type of service especially in Manhattan.  
   
Owner willing to finance: Owner would take terms $250,000 down balance rate/ time negotiable.  
   
Owner willing to train: Two weeks  
   
Reason for selling: Owner wants to enter into a different business venture.  
 

 

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