Turn Key Business w/ Real Estate

Business Opportunity for Sale
Catylist Listing ID: 30847610
Property Subtypes: Business Services
Building Size (RSF): See Agent
Sale Price: $895,000
Name of Establishment: Diamond Dumpsters
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 5/16/2024

Overview / Comments

I am excited to introduce you to a remarkable investment opportunity that has the potential to yield substantial returns - the sale of Diamond Dumpsters, a thriving business based in Nicholasville, KY.

Key Assets:
Roll Off Trucks: Two high-quality trucks, a 2013 Mack CV700 and a 2016 Mack Granite, are included in this sale.

Dumpsters: A total of 33 dumpsters ranging from 20 to 40 yards in size, all of which are only 2 years old, with an additional two on order.
1.25-Acre Industrial Lot: The business is situated on a prime industrial-zoned lot located at 120 East Lane, Nicholasville, KY, with land comps valuing it at approximately $375,000.

Customer Base: A well-established customer base consisting of commercial clients and signed contracts.

Financials: The asking price for Diamond Dumpsters is $895,000, with the owner open to financing options, requiring a down payment of $200,000. The business generates consistent annual profits of around $200,000, with an additional $250,000 to $286,000 in annual revenue from large projects.
Operational Efficiency: Diamond Dumpsters operates efficiently, with a driver/manager earning a competitive salary of $55,000 per year.

Demand: The company's success is evidenced by its growing customer base, which includes prominent names such as Amazon, Toyota, and other major corporations. Furthermore, the business is currently turning away new business opportunities due to its high demand.

The owner has decided to sell Diamond Dumpsters because of his other commitments with an existing company and rental properties. Additionally, it's important to note that there is a substantial amount of revenue from large projects that is not reflected in the profit and loss statement, further enhancing the business's potential for growth.

The business maintains a robust financial system, managing customer transactions through QuickBooks. Notably, Diamond Cuts, another business owned by the seller, is poised to become a significant customer upon the sale, with anticipated annual spending of approximately $200,000 to $400,000.

This is an exceptional opportunity to invest in a rapidly growing and profitable business in the waste management industry. Diamond Dumpsters has a strong foundation, reputable clients, and the potential for further expansion.

If you are interested in exploring this investment opportunity further or would like additional information, please do not hesitate to reach out to me at 859-559-3046. We can arrange a meeting or provide any additional documentation you may require.

Additional Details

Nearest MSA: Lexington-Fayette
County: Jessamine
Industry Segment: Equipment Rental and Leasing
Reason for Selling: Owner has so many companies he needs to downsize he is so busy
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $1,000,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $400,000
Real Estate Lease Description: Commercial Lot
Mgmt/Training Support Description: YES
Competition/Market Description: Very little competition
Growth/Expansion Opportunities: Lots of growth opportunities... This is only 2 years in and they already have 400 clients
Seller Financing Description: no

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 11,611 33,621
Median Age: 34.53 34.35
Households: 4,290 12,249

Contact

Photograph of Listing Agent

Jenny Gregory

EXP Realty LLC KCREA Member
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