How a Document Shredding Business Sold at 400x EBITDA

In this episode, we break down the sale of a Midwest document shredding company that commanded a 400x EBITDA multiple. The key drivers: long-term recurring contracts with law firms, medical offices, and financial advisors; a route density advantage that kept operating costs low; and near-zero customer churn thanks to regulatory compliance requirements. We walk through the numbers, why the buyer—a national waste management firm—paid such a premium, and what any service business owner can learn about building recurring revenue that buyers will pay a fortune for. Plus, we discuss how route density data turned a mundane shredding operation into a multi-million-dollar exit. #DocumentShredding #BusinessBroker #EBITDAMultiple #RecurringRevenue #RouteDensity #SmallBusinessSale #MergersAndAcquisitions #WasteManagement #BusinessValuation #FexingoBusiness #BusinessPodcast #BuyerAndSeller #PrivateSales #ExitPlanning #ServiceBusiness #SubscriptionModel #MidwestBusiness #IndustrialServices Keep every episode free: buymeacoffee.com/fexingo