An Absentee Business That Actually Works - Maybesmart_display

This junk removal business in Kissimmee, Florida is listed at $649K, generating about $540K in revenue and $200K in cash flow.

And the big claim: it’s being run absentee.

Most of the time, that’s where deals fall apart.

But this one actually holds up — at least on paper.

Deal Snapshot

Let’s run it through a standard SBA-style scenario.

Financing Overview

After debt, you’re left with about $105K per year.

That’s strong for a deal at this price.

Why This Looks Good

This deal checks a lot of boxes.

• Healthy margins: 37% vs ~25% industry average.
• Fair pricing: 3.25x multiple, right in line with the market.
• Strong DSCR: 2.1 gives solid cushion.
• Recurring revenue: Repeat customers and contracts.
• Fast payback: Down payment recovered in under a year.

On paper, this is exactly what buyers are looking for.

The One Thing You Can’t Ignore

The margin + absentee combo is where this deal gets risky.

• High margin: 37% is well above industry norms.
• Absentee claim: Owner not involved day-to-day.
• Potential disconnect: Those two don’t usually coexist cleanly.

If this is truly absentee, margins are often lower due to management layers and inefficiencies.

So one of two things is true:

• The business is exceptionally well run
• Or the numbers need to be adjusted

That’s the entire deal.

What You Need To Verify

This is where diligence matters most.

• Owner involvement: What does “absentee” actually mean here?
• Management structure: Who is running operations day-to-day?
• Adjusted cash flow: Does SDE include hidden owner effort?
• Sustainability: Can this margin hold under new ownership?

If the absentee claim holds, this is a strong deal.

If it doesn’t, the economics change quickly.

BizHub Verdict

This deal scores an 8.0 / 10.

Simple, efficient, and reasonably priced.

But the absentee + high margin combination must be proven — not assumed.

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Want to see the original listing? View it here →