Buying a waste hauling company in Treasure Coast
Treasure Coast has 20 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, 60% 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 Treasure Coast 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
- $216,000 a year
- Price about
- $767,000
- Your cash
- $107,000
- Could pay you
- up to $78,000 a year
- Earns about
- $243,000 a year
- Price about
- $862,000
- Your cash
- $121,000
- Could pay you
- up to $87,000 a year
- Earns about
- $264,000 a year
- Price about
- $937,000
- Your cash
- $131,000
- Could pay you
- up to $95,000 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 | 8 |
| 20 to 29 years | 10 |
| 30 to 39 years | 1 |
| 40 years or more | 1 |
| Estimated yearly revenue | Companies |
|---|---|
| Under $1M | 3 |
| $1M to $2M | 4 |
| County | Companies |
|---|---|
| Martin | 6 |
| St. Lucie | 6 |
| Other counties | 8 |
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 Treasure Coast
The local economy
This region covers Martin, St. Lucie and Indian River counties on the Atlantic coast and Okeechobee and Highlands counties inland: Stuart, Palm City, Port St. Lucie, Fort Pierce, Vero Beach, Sebastian, Okeechobee, Sebring and Avon Park. Port St. Lucie is the largest city and has grown quickly as a suburb within reach of Palm Beach County to the south.
The coast draws retirees and winter residents, and health care, construction, real estate, boating and sport fishing are big parts of the economy. The coast lies in the Indian River citrus district, named for the lagoon. Inland, Okeechobee and Highlands are cattle, dairy and citrus country around Lake Okeechobee and along the ridge near Sebring, with many retirees of their own. Home service companies, the building trades, marine businesses and medical practices find steady customers here.
What's different about owning a company here
The coast is seasonal, with winter residents filling restaurants, golf courses and service schedules, and summer is quieter. Hurricane Nicole came ashore near Vero Beach in November 2022, and the region has a long history of storms, so check insurance, flood zones and how a business came through recent ones.
Water quality in the St. Lucie River and the Indian River Lagoon is a recurring problem, and in a bad year it can hurt fishing, boating and tourism businesses. Inland, distances are longer and the labor pool thinner. A company in Sebring or Okeechobee may be one of very few of its kind nearby, which can mean loyal customers and little competition, but also few people to hire. Most new homes on the coast are going up in and around Port St. Lucie.