Thriving Eco-Friendly Bin Cleaning Business with Recurring Revenue
Asking Price: | $280,000 |
Gross Revenue: | $64,697 |
FF&E: | $145,000 |
Cash Flow: | $35,397 |
EBITDA: | $35,397 |
Seize the opportunity to own a thriving, eco-friendly bin cleaning service that's both profitable and socially responsible. Established as the most trusted name in El Paso, this turnkey business offers a convenient solution to a common problem—dirty, smelly bins that attract pests and bacteria.
With 1,070 clients, including 337 quarterly and 185 monthly subscribers, the business enjoys a steady stream of recurring revenue. Cleaning approximately 600 bins per month and servicing 20 houses daily with just 4 hours of work, the demand for services is high. The operation utilizes sustainable cleaning solutions and high-pressure, heated water systems without harmful chemicals, aligning with the growing consumer demand for eco-friendly services.
Renowned for exceptional service, reliability, and numerous positive reviews, the business has an excellent reputation. Customers appreciate the hassle-free service that doesn't require them to be home, fitting seamlessly into their busy lives.
Financially, the business is performing well, with total revenue from September 2023 to August 2024 at $64,697 and a net profit of $35,397. Average monthly revenue is approximately $5,391, with an average monthly net profit of about $2,949. Operating expenses are low, with monthly fuel costs between $420 and $500. There are no outstanding debts.
The owner currently commits 20 hours per week to the business (2 hours for office work and 18 hours for cleaning), highlighting the efficiency of operations. The business is fully owner-operated, but there is potential to hire staff for further growth. The custom-built cleaning truck, valued at $145,000 (originally purchased for $180,000) with only 17,500 miles, operates at only 33-50% capacity, allowing for immediate expansion without additional investment. The truck has been serviced at an authorized Isuzu dealership and is still under manufacturer’s warranty.
Digital assets included in the sale are a professionally designed website and active social media accounts that drive customer engagement.
There are significant growth opportunities, such as maximizing truck utilization by increasing client subscriptions to fully utilize existing capacity, boosting revenue without extra costs. Service expansion into areas like commercial bin cleaning, pressure washing, or sanitation services could open new revenue streams. Implementing marketing strategies like targeted flyers, door-to-door campaigns, billboards, TV ads, and enhanced social media marketing can attract new customers. Expanding discount programs for seniors, military personnel, teachers, healthcare workers, and frontline workers can strengthen community ties.
This turnkey operation comes with established systems and processes, meaning you can start earning from day one. The seller is committed to ensuring a smooth transition and will provide necessary training. The owner is relocating out of El Paso, presenting a unique opportunity to acquire this profitable and growing business.
Don't miss out on this exceptional opportunity! This is more than just a business; it's a chance to own a respected brand with a solid foundation and a bright future. Ideal for entrepreneurs or investors looking for a profitable venture with substantial growth potential.
Contact us today to learn more and take the first step toward owning this thriving eco-friendly bin cleaning business!