I. Executive Summary
This Section's Contents
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Business Overview
[Company Name] is a new dumpster rental company located in [Location]. We offer both residents and local businesses a wide range of dumpsters to rent for all their waste management needs. Our company’s focus is on customer service and affordable pricing. We guarantee to have the most affordable dumpsters in town and provide the best customer service in the industry.
Products Served
[Company Name] offers a variety of dumpster sizes for rent. We have small dumpsters for home projects and large dumpsters that suit extensive construction projects. Some of the sizes we offer include:
- 2 cubic yards
- 4 cubic yards
- 10 cubic yards
- 15 cubic yards
- 20 cubic yards
- 30 cubic yards
Smaller dumpsters can be rented for up to seven days. Larger sizes can be rented for up to 30 days. Rental charges are based on the dumpster size and the length of the rental.
Customer Focus
[Company Name] will primarily be homeowners and businesses located within a 20-mile radius of [Location]. The demographics of this area are as follows:
- 105,013 residents
- 32% married
- 42% homeowners
- 5000 businesses
- Median age of 36
Management Team
[Company Name] is founded and led by [Founder’s Name]. [Founder’s Name] has [X] years in the waste management industry, starting as a driver and working his way up into management and operations positions. Over the past few years, he dreamed of operating his own dumpster rental company that was focused on customer service and affordable pricing. His extensive experience has given him an in-depth knowledge of all aspects of the business, making him the most valuable asset to the company.
Success Factors
[Company Name] is qualified to succeed due to the following reasons:
- There is always a demand for dumpster rentals within the community. In addition, the company surveyed the local population and received highly positive feedback pointing towards an explicit demand for the services, supporting the business after launch.
- The company serves a wide geographic area within [Location], making the company available to a majority of the city’s residents and businesses.
- The management team has a track record of success in the dumpster rental business.
- Dumpster rental businesses have a proven track record of business success in communities throughout the United States.
Financial Highlights
[Company Name] is currently seeking $750,000 to launch. Specifically, these funds will be used as follows:
- Store design/build: $250,000
- Vehicle purchase and maintenance: $250,000
- Inventory and supplies: $100,000
- Working capital: $150,000 to pay for marketing, salaries, and lease costs until [Company Name] reaches break-even
Top line projections over the next five years are as follows:
| Financial Summary | FY 1 | FY 2 | FY 3 | FY 4 | FY 5 |
|---|---|---|---|---|---|
| Revenue | $560,401 | $782,152 | $1,069,331 | $1,379,434 | $1,699,644 |
| Total Expenses | $328,233 | $391,429 | $552,149 | $696,577 | $776,687 |
| EBITDA | $232,168 | $390,722 | $517,182 | $682,858 | $922,956 |
| Depreciation | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 |
| EBIT | $225,168 | $383,722 | $510,182 | $675,858 | $915,956 |
| Interest | $6,016 | $5,264 | $4,512 | $3,760 | $3,008 |
| Pre Tax Income | $219,152 | $378,458 | $505,670 | $672,098 | $912,948 |
| Income Tax Expense | $76,703 | $132,460 | $176,985 | $235,234 | $319,532 |
| Net Income | $142,449 | $245,998 | $328,686 | $436,864 | $593,416 |
| Net Profit Margin | 25% | 31% | 31% | 32% | 35% |
