Hot Listing
Dumpster Rental Business For Sale
Business Description
Bin There Dump That Salt Lake City is a premier dumpster rental service with a strong financial track record, scalable operations, and an efficient cost structure. The business specializes in residential dumpster rental services designed for tight spaces, offering unparalleled customer service and operational efficiency.
Financial Performance
The company has consistently demonstrated revenue growth and profitability improvements, making it an attractive investment opportunity.
Year-over-Year Revenue Growth
2022 Total Income: $520,118
2023 Total Income: $723,375 (+39% YoY Growth)
2024 Projected Total Income: $755,533 (+4% Growth)
Even with strong year-over-year revenue growth, there remains a significant market opportunity. The Bin There Dump That system’s average market penetration is 41%, while the Salt Lake City area penetration is only 14%, leaving ample room for business expansion.
EBITDA Improvement
+ 2022 EBITDA: $18,057
+ 2023 EBITDA: $80,904 (+348% Growth)
+ 2024 Projected EBITDA: $104,821 (+30% Growth)
Business Overview
Bin There Dump That Salt Lake City is a well-established and reputable franchise specializing in residential dumpster rental and debris removal. The business is positioned for further expansion and has a competitive edge due to its specialized equipment and high level of customer service.
Operational Capacity and Growth Opportunities
+ The business operates at or near full capacity and has consistently expanded equipment and service areas.
+ Growth potential exists in the currently underserved Logan, Cache County, and Box Elder County regions.
+ There is potential to increase pricing, which the franchisor supports.
+ Additional service offerings, such as labor for loading dumpsters and materials delivery (e.g., topsoil, gravel), present further revenue opportunities.
Strategic Locations
+ The business operates from multiple strategically located secure storage yards in American Fork, West Valley City, Tooele, and Ogden.
+ Expansion plans include additional storage yards in Layton and southern Salt Lake County.
+ Workforce and Operational Efficiency
Drivers: 3 full-time and 5 part-time delivery experts, primarily retired individuals or shift workers.
Administrative Staff: 2 remote employees manage invoicing, social media, and customer interactions.
Operational Efficiencies:
+ Truck Fuel Costs: Reduced from 13.4% (2022) to 6.8% (2024) through optimized logistics.
+ Payroll Expense: Decreased from 27.1% (2022) to 20.9% (2024) via improved scheduling and automation.
+ Marketing Expense: Maintained efficiency at 11.1% (2024) while driving strong revenue growth.
Competitive Advantage
Bin There Dump That Salt Lake City differentiates itself through:
+ Trucks and dumpsters designed for tight spaces, ideal for residential properties.
+ Dumpsters available in 4, 10, 14, and 20 cubic yards.
+ Unique placement strategies to protect driveways and property.
+ Superior Customer Service.
+ Strong community relationships and customer referrals.
+ Digital Marketing & Lead Generation: High organic ranking websites and Google AdWords campaigns drive significant business.
+ Google My Business listings in multiple service areas (Tooele, Layton, Ogden, Salt Lake City, and Utah County).
Financial Performance
The company has consistently demonstrated revenue growth and profitability improvements, making it an attractive investment opportunity.
Year-over-Year Revenue Growth
2022 Total Income: $520,118
2023 Total Income: $723,375 (+39% YoY Growth)
2024 Projected Total Income: $755,533 (+4% Growth)
Even with strong year-over-year revenue growth, there remains a significant market opportunity. The Bin There Dump That system’s average market penetration is 41%, while the Salt Lake City area penetration is only 14%, leaving ample room for business expansion.
EBITDA Improvement
+ 2022 EBITDA: $18,057
+ 2023 EBITDA: $80,904 (+348% Growth)
+ 2024 Projected EBITDA: $104,821 (+30% Growth)
Business Overview
Bin There Dump That Salt Lake City is a well-established and reputable franchise specializing in residential dumpster rental and debris removal. The business is positioned for further expansion and has a competitive edge due to its specialized equipment and high level of customer service.
Operational Capacity and Growth Opportunities
+ The business operates at or near full capacity and has consistently expanded equipment and service areas.
+ Growth potential exists in the currently underserved Logan, Cache County, and Box Elder County regions.
+ There is potential to increase pricing, which the franchisor supports.
+ Additional service offerings, such as labor for loading dumpsters and materials delivery (e.g., topsoil, gravel), present further revenue opportunities.
Strategic Locations
+ The business operates from multiple strategically located secure storage yards in American Fork, West Valley City, Tooele, and Ogden.
+ Expansion plans include additional storage yards in Layton and southern Salt Lake County.
+ Workforce and Operational Efficiency
Drivers: 3 full-time and 5 part-time delivery experts, primarily retired individuals or shift workers.
Administrative Staff: 2 remote employees manage invoicing, social media, and customer interactions.
Operational Efficiencies:
+ Truck Fuel Costs: Reduced from 13.4% (2022) to 6.8% (2024) through optimized logistics.
+ Payroll Expense: Decreased from 27.1% (2022) to 20.9% (2024) via improved scheduling and automation.
+ Marketing Expense: Maintained efficiency at 11.1% (2024) while driving strong revenue growth.
Competitive Advantage
Bin There Dump That Salt Lake City differentiates itself through:
+ Trucks and dumpsters designed for tight spaces, ideal for residential properties.
+ Dumpsters available in 4, 10, 14, and 20 cubic yards.
+ Unique placement strategies to protect driveways and property.
+ Superior Customer Service.
+ Strong community relationships and customer referrals.
+ Digital Marketing & Lead Generation: High organic ranking websites and Google AdWords campaigns drive significant business.
+ Google My Business listings in multiple service areas (Tooele, Layton, Ogden, Salt Lake City, and Utah County).
About the Business
- Years in Operation
- 8
- Employees
- 4
- Currently Home Based
- Yes
- Franchise
- This business is an established franchise
- Facilities & Assets
- 3 trucks - 2022 Ram 5500, 2022 Chevy 6500, 2024 Ram 5500.
110 dumpsters in 4 different sizes - 20 cu. yard, 14 cu. yard, 10 cu. yard, & 4 cu.yard.
The business operates from multiple strategically located secure storage yards in American Fork, West Valley City, Tooele, and Ogden. - Website
- https://saltlakewest.bintheredumpthatusa.com/home
- Market Outlook / Competition
- + Trucks and dumpsters designed for tight spaces, ideal for residential properties.
+ Dumpsters available in 4, 10, 14, and 20 cubic yards.
+ Unique placement strategies to protect driveways and property.
+ Superior Customer Service.
+ Strong community relationships and customer referrals. - Opportunities for Growth
- Scalability: The business has the potential to expand by adding more dumpsters, increasing service areas, or partnering with additional new home construction companies, remodeling contractors, commercial construction etc.
Untapped Opportunities: Possible expansion into recycling services or contracts with municipalities, Heber/Park City and North of Layton.
Recurring Customers: Established Brand & Reputation relationships with contractors, homeowners, and businesses.
Social Media: Facebook Page - https://www.facebook.com/utahbintheredumpsaltlakewest
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Health and Family reasons
- Transition Support
- Owners willing to do 1 month to possibly 2 months of training to assist the new owners to transition if needed.
- Financing Options
- No financing available.
Listing Info
- ID
- 2339074
- Listing Views
- 3473
Attached DocumentsAttachment Disclaimer
Listing ID: 2339074 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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