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Waste Management Business Seeking Loan in Nassau, Bahamas

Garbage collection and local trucking business in Nassau with 20-30 clients, seeks funding.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 24 thousand
Run Rate Sales USD 24 thousand
EBITDA Margin 40 %
Industries Waste Management + 1 more
Locations  Nassau
Local Time 9:17 PM America / Nassau
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 100 thousand for 6.0% annual interest, 10 years (Native Currency: BSD 100,000)
Reason: Seeking funds to buy a garbage truck and bins.
Collateral Available: USD 0
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Business Overview
- Located in Nassau, the business specializes in local trucking services and garbage collection tailored for small businesses and apartment owners.
- Maintains a dedicated service base of 20-30 clients, ensuring a consistent revenue stream.
- Operating with a lean structure, the business has only 1 employee, who is also the business owner.
- Offers standard weekly service, reinforcing reliability and convenience for clients.
- Implements a payment structure where clients are billed at the end of the month, improving cash flow predictability.
- Achieves an average charge of $80 per client per month, positioning itself competitively in the local market.
Products & Services Overview
Services include:
- Garbage collection: Weekly garbage collection services.
- Local trucking services: Offers specialized trucking services, primarily focused on hauling supplies. This service supports the logistical needs of clients, helping them transport goods or materials as required.
Top selling service is garbage collection.
Clients:
- Small businesses.
- Apartment owners.
Assets Overview
The business doesn't have any physical assets of significant value.
Currently using leased vehicles.
Facilities Overview
No physical office facility is required as the services are mobile.
Capitalization Overview
Self-funded.
No outstanding loans.
There is 1 owner, holding 100% shares in the business.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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