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| You have accessed this listing information from the VR National database through: | This business is listed and represented by: |
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VR Business Brokers - Lewisburg, PA 260 Reitz Blvd Suite # 1 Lewisburg, PA 17837 (570) 523-7253 www.vrbizsales.com jwilloughby@vrbizsales.com |
VR Business Brokers - Lewisburg, PA 260 Reitz Blvd Suite # 1 Lewisburg, PA 17837 (570) 523-7253 www.vrbizsales.com jwilloughby@vrbizsales.com |
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Business Listing Details |
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LISTING#: |
H9900: Other Services Mobile Document Destruction Service |
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LOCATION: Pennsylvania |
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ASKING PRICE |
AMOUNT DOWN |
REVENUES: $337,694 |
DISCRETIONARY EARNINGS $153,581 |
TOTAL ASSETS $228,576 |
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| This company is a well established provider of mobile document destruction services. The company was established nearly 7 years ago to take advantage of the expanding market for document destruction services. The market for these services has been growing due to business concerns over privacy protection and growing regulatory requirements for businesses to protect the confidential information of its customers, vendors and employees. The company has a well developed business model with excellent, state of the art equipment to service its growing list of clients in a wide range of industries and markets. The company is located in Pennsylvania and currently has clients located throughout the state. The company has achieved certification by the industry's leading trade association the National Association for Information Destruction (NAID). Financial results for the company have been very strong. Sales grew rapidly from 2005 thru 2008. Although sales declined in 2009 due to general economic issues, the company retains a solid customer base and excellent reputation in its industry. Recently the company obtained a 4 year contract to service a large federal government complex. In addition, the company has been very profitable during its history. The adjusted EBITDA margins have averaged 52.7% since 2005. | |||||
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