Paper Shredding & Document Destruction Company for Sale

Paper Shredding & Document Destruction Company for Sale

Price: $399,000.00
Location: Kentucky
Industry: Business Services Document Destruction
Listing ID: 6498510

This is a great opportunity to buy a very well established B2B Document Destruction Company. Jefferson and Fayette counties are the primary markets for this mobile paper shredding company. Government offices, private organizations, large corporations, small businesses, and private individuals rely upon this company to destroy their confidential documents and sensitive information. It experiences steady demand because companies must meet record retention requirements.

No experience is necessary. Full training and experienced employees will support its transition.

The owner is selling the business in order to retire. It has a solid reputation in the community and many long-term repeat clients. There are multiple revenue streams, normal business hours, low overhead and tons of opportunity for expansion. EVERY business, health care facility, and individual is a potential customer.

Total Sales: 172495
Cash Flow: $85,687
EBITDA: $71,787
FFE Included: $200,000
FFE: $200,000
Inventory: $2,500
Reason For Sale:

This company is being sold as part of a retirement plan.

Training & Support:

The Seller is willing to train a new owner for a minimum of 2 weeks. Skilled and loyal employees will remain to facilitate a smooth transition thereafter.

Year Established: 2011
Days & Hours of Operation: 5 days a week regular business hours
Owner Hours Per Week: 5 days a week regular business hours
Type of Location: Commercial -Industrial
Square Footage: $0.25/ sq ft
Facilities Information:

The Company provides document storage as well as shredding services. It leases a secure storage facility that provides storage for client documents, storage of shredded material awaiting final disposal, and a secure lot for it's fleet. The Company owns a fleet of four (4) DOT registered International Box Trucks capable of providing on-site shredding services. It's assets also include retail Shredding stations that can be placed on-location at retailers or client sites and generate additional income. Fleet is regularly maintained and branded.

Competition:

Document Shredding Companies, in general, benefit from favorable macro economic conditions that expand the number of businesses. Healthcare providers are one of the largest target markets for the industry and Rising incident and awareness of identity theft in government, private and publicly traded companies contribute to forecasted growth. The Louisville and Lexington area are thriving with expansion in health care, automotive and and small supporting business growth. These already proven markets offer more opportunity than ever.

Business Brokers & Consultants, Inc. Otis Florence, Principal Broker

Phone: 502-425-0995
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Business Brokers & Consultants, Inc. Otis Florence, Principal Broker