Buying a waste hauling company in Space Coast and Volusia
Space Coast and Volusia has 24 established waste hauling companies by our count: companies in business at least 15 years that still file with the state every year and aren't part of a larger group. Of those, 58% have been in business 20 years or more. Most will never be listed for sale, and many of their owners have never been asked.
What it takes to own one
Waste hauling companies in Space Coast and Volusia come in every size. Here's what owning one could look like at three levels, from a solid company to one of the leaders, with a small business loan covering most of the price.
- Earns about
- $256,000 a year
- Price about
- $909,000
- Your cash
- $127,000
- Could pay you
- up to $92,000 a year
- Earns about
- $302,000 a year
- Price about
- $1.1 million
- Your cash
- $150,000
- Could pay you
- up to $109,000 a year
- Earns about
- $350,000 a year
- Price about
- $1.2 million
- Your cash
- $174,000
- Could pay you
- up to $126,000 a year
Earnings are owner earnings: profit plus what the owner pays themselves, before loan payments and taxes. They and the prices are our estimates from public records, not the owners' figures, and we value companies like these at about 3.5 times a year's owner earnings. Your cash covers the down payment and closing costs, and what the business could pay you is what's left after the loan payments and the cushion lenders require. The more cash you bring, the further up you can go.
Age, size and location
Revenue is our estimate from public records, grouped into wide ranges.
| In business | Companies |
|---|---|
| Under 20 years | 10 |
| 20 to 29 years | 9 |
| 30 to 39 years | 4 |
| 40 years or more | 1 |
| Estimated yearly revenue | Companies |
|---|---|
| Under $1M | 2 |
| $1M to $2M | 6 |
| County | Companies |
|---|---|
| Volusia | 14 |
| Brevard | 7 |
| Other counties | 3 |
What the best waste hauling companies have in common
- Recurring commercial accounts on dense routes, with service agreements that renew automatically.
- A broad base of roll-off customers, not one or two large contractors whose projects will end.
- A young or well-maintained fleet with maintenance records. A truck off the road for a week means missed pickups and unhappy customers.
- Reliable access to disposal at reasonable prices, perhaps including its own transfer or processing site.
- Franchises or permits in the cities and counties where it works, with years left to run.
- Experienced drivers who stay, and a clean safety record.
- Containers in good condition, counted and tracked.
- Routing and billing software that shows revenue per stop and per truck.
What to check before you buy
- Every franchise, license and permit: holder, area, term, fees, and conditions for transfer.
- Revenue by line (roll-off, commercial routes, residential contracts), and how much comes from the biggest customers.
- Disposal costs and agreements. Rising tipping fees can squeeze margins quickly.
- A fleet list with age, mileage, maintenance records and liens. Have a mechanic inspect the trucks.
- Container count and condition, and how many sit at customer sites.
- Driver records, accident history, insurance claims and the cost of auto liability coverage.
- Environmental issues at the yard: fuel, oil, wash water and any DEP enforcement.
- Contracts with cities or counties, and their renewal or rebid dates. Ask whether any local government plans an exclusive franchise or its own service. Before a city or county takes over a service a private hauler provides, state law requires a hearing, 3 years' notice and compensation, but not when it simply declines to renew a contract (section 403.70605). Ask your attorney whether that protection covers a new exclusive franchise.
- Customer service agreements: length, automatic renewal, price increase terms, and whether they can be assigned.
Questions to ask the owner
- Which franchises and permits do you hold, and when do they come up for renewal?
- How does your revenue split between roll-off, commercial routes and government contracts?
- Where do you dump, and what do you pay per ton?
- How old is your fleet, and what are you planning to replace?
- How long have your drivers been with you, and how do you hire new ones?
- What accidents and insurance claims have you had?
- Who are your biggest customers?
To learn what these companies do, which licenses they need and how ownership works, read our full guide to buying a waste hauling company in Florida.
Owning a company in Space Coast and Volusia
The local economy
This region covers Brevard, Volusia and Flagler counties: Melbourne, Palm Bay, Titusville, Cocoa, Cocoa Beach, Merritt Island, Daytona Beach, Port Orange, Ormond Beach, DeLand, Deltona, New Smyrna Beach and Palm Coast. Brevard's economy is built around space. Rockets launch often from Kennedy Space Center and Cape Canaveral Space Force Station, and aerospace and defense manufacturers and their suppliers employ engineers, technicians and machinists across the county. Port Canaveral is a major cruise port.
Volusia depends more on tourism, beaches and big events, with Daytona's motorsports and motorcycle rallies drawing crowds. Health care and a large retired population matter too. Flagler County, around Palm Coast, is mostly residential. Machine shops, electrical and engineering firms, home service companies, marine businesses and restaurants all have a place here.
What's different about owning a company here
Brevard's fortunes follow the space and defense programs. A company that sells to aerospace firms should be able to show you how many customers it depends on and how secure their work is. Business in Volusia spikes around big events and the winter season, so look at revenue by month.
The whole coast faces storm risk. In 2022, Hurricane Ian brought flooding to much of Volusia, and Hurricane Nicole, which came ashore near Vero Beach six weeks later, washed away beaches and seawalls along the Volusia coast. Beachfront property needs careful insurance and structural checks. The Indian River Lagoon and the St. Johns River make boating and fishing part of daily life, which keeps the marine trades busy. Palm Coast and the Palm Bay area have added many new homes, and companies serving those areas have grown with them.