National Event Cleaning & Waste Services Group
Waste Services
ActiveServicesB2B & B2G
Asking price
$1,420,000
Disclosed · AUD
Revenue
$1,236,369
TTM
EBITDA
Over $700,000
Indicative · FYE2023 vendor budget / confirmed and contracted events (full-year forecast; a 6-month H1 actual EBITDA of $420,000 was also reported)
Implied multiple (indicative)
~2.0×
Indicative · asking / forecast earnings (FYE2023 vendor budget / confirmed and contracted events (full-year forecast; a 6-month H1 actual EBITDA of $420,000 was also reported))
Brief
- National event services group providing cleaning, waste removal and waste management for major sporting events, concerts and festivals
- Long-term contracts (3-5 years) with event organisers and councils, most including CPI increases
- Over 40 years of operating history with long-standing client relationships
- Runs from a small, low-cost office on a month-by-month tenancy; largely mobile operation
- Owner works around 9 hours a week; business is fully staffed with site and operations managers
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