Dumpster Rental Business | SIDE HUSTLE How Much Can You Make With 5 Dumpsters??
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- čas přidán 5. 07. 2024
- Alright guys, you want to get into the business of hauling away junk in dumpsters but aren’t sure how much you can make off your investment right? Check out this video to see what I was able to profit with just 5 dumpsters running it as a side hustle for practically the first year. 1 on 1 Calls - calendly.com/lcsanitation
Great video as always, nice to see your business growing.
I love how deep you went and showed some numbers no bullshit thank you brother and the good energy you just put out will come back to you a million times more in many ways!
Awesome video. Love this guy. Keep them coming man.
Love it, keep it rolling!
Pretty solid info. It can quickly go from “part-time side hustle” to full time job if you get your name out and treat your customers right. I started a small dumpster rental business in 2007 and it was the first of it’s kind anywhere near me. It was very popular and I had a ton of demand. I didn’t have the time necessary to take it to the next level so I sold it (at a profit) in 2017. The new owner has more time and flexibility than I did and has more than tripled in size.
What could you rent them for nowadays !?
I love these videos I do wish you would do the numbers for residential trash pick up and more tips on that side of the business as far as billing and costs
Great video bud, very good info here!
Thanx for the info! I appreciate the way you explained your method. Keep on truckin!
Thanks man!
Great, thorough video. Thanks
Another great video! Thank you
Awesome thanks for the break down in numbers. I really want to start doing this just need some cash to start
Thanks for posting this video. Lots of good info.
Thanks for watching!
So happy I found your video. You really simplified the process. I've been considering taking the leap into dumpster business. No pun.. lol.. you motivated me to give it a go. THANKS!
Awesome!! It’s definitely a slow and steady growth type of business! Thanks for the support!
@@lakechamplainsanitation7226 I plan on keeping my full time and just ease on in to it. I seen a Trailer and 3 dumpster package for sale here locally. Thinking of starting with that.
As a single guy with no kids I could live alright on 1 trailer which would allow me to grow quicker, I'm gonna have to get the ball rolling.
Where's that ball now?
Real cool vid. Thnx bro
Dam dude awesome vid thanks perfect timing qas thinking of starting that business this year!🤙🏼😎
Thanks!
Pure gold in this video. Keep it up brother!
Thanks man!! Love the podcast!
@@lakechamplainsanitation7226 Appreciate it!
Got my first 5×8 heavy duty trailer with sidewalls and started my second side hustle hauling.
I also do tree removals, Trimming and stump grinding.
Hoping to get some good content out there.
Thank you for the inspiration.
🙏
That’s awesome congratulations!
Same story here 20 years in businsss have 2 hooklift trucks i pay climber 500 to 700 a day crack head iam iandian guy he is with me off seaon from nov to aprial thay time i do good i have 2 hooklift trucks 20 years i never drived truck since lady 6 months i drive people get gov money they dont want to work alchol crack tablets all kimsa of morans crack head stole atleast 50 chain säws rent home wreck pay no rent drag courts move on this is canada life of people no confidenc i have 12 dumpsters never able to rent bins when he come do work phone calls keep rings summer miserable life never able to find climber with wife kids pay loans have firewood splitter power splitter and used multitek 1610Ez splitter wood of hardwood 15 yards 200 loads no workers welfare odsp freehome long live canda guys on job demand 15 pack beer kuncha 100 bucks no workers this is real problem of canada it blows ur head who ready it iam i depressed tell me guys
How's it going now junkers. I'm in the same boat about by a 6x10
I made a very good living repairing rooloff dumpsters. Started with a used gas drive welder a torch set and the basic hand tools and a beater pickup. That was 1985 and now have a new. F550 welding rig and more work then I can do. Even at $140/hr. Truck, insurance both liability and health, fuel and repairs.= $90/ hr. So I make $50 / hr 60 hours a week.= $3000/ week.
That’s awesome!
Tbh you should be making a lot more than that.
You are a good man, this type of advice really helps, keep up the good work champ👍🏼
I love in NY not to far from you prob a couple hours. Im looking to start my first business. This video was really helpful as well as your other videos as well.
Thanks for sharing with us the numbers .
Great info...
Having vehicles with warranties is the smartest move you can make! Unlike some who have to rely on their own handy skills to keep a vehicle running you'll always have a reliable vehicle whether it be your truck or a loaner
I'd rather have paid off equipment and have to hire someone then have a constant truck payment. Just my opinion
@@evandickens3917 - All of my equipment is paid for in full and I still have a warranty. The problem is guys that go out and try to get the most expensive truck and equipment. I got base model everything because it’s gonna get beat and banged up anyway.
Thank you for sharing 🙏🙏🙏
What's going on LCS! Great video as always and I wanna start a dumpster business and would love some much needed advice.
Thank you! Check out calendly.com/lcsanitation
Great video, question who is the trailer company u bought from and which size is the best renter?...thanks a bunch!!
I realize this is an old video but it's crazy to see the inflation that has happened in 8 months. My trailer new now is around $22k, truck roughly $70k and 22 yard cans around $9k each in my area. I'd give anything to go back 5 years and start then.
dam good thing you started in the FIRST place
What would u say now . Is it worth it to start a dumpster
Non-depreciating (or slow depreciating) assets are a gold mine in an inflationary environment for businesses. Better than cash in the bank anyways.
How much is the insurance for one of these trailers???
Thanks for your video .
🙌
Get information! I like seeing small business growth.
We started 18 years ago in rural southeast Mo and have recently built a transfer station and looking to add another.
Have you ever considered building a transfer station?
I’m wondering if the roll off trailer can be used to move storage sheds? I had a shed moved several years ago and it seems like the guy’s trailer looked a lot like the ones for roll off dumpsters.
Very nice sir. Thank you
Thank you!
Do you think that fuel cost will compensate for total fuel costs?
Nice video brother
great video, the number crunching is key. office and yard is included in the cost breakdown? based on areas that can take a chunk out of profits too. based on where you are now in the business and what you know is the route of trailer and pickup vs dedicated hooklift trucks , which one is better for startup?
When I was doing this on a smaller level an office and large yard space were not necessary. I would suggest a hooklift from the get go only if you have the financial means to do so.....hard to beat a trailer you can hook to your daily driver and with just a couple dumpsters revenue enough to cover the truck payment and all business expenses so you can keep your main jobs income all in your pocket or re-invest into growing the business faster like I did.
Great video
Thank you!
Where did you buy the 20 yards?
Thank you for sharing all this information. A question on dump fees…are cheaper dump fees a “by where you live” type of thing ? Looking up a few dumps around me they all charge 120-150 per ton to dump…in my area would you say “average rental price” would start around $500 ?
awesome video man.any podcast that you listen to that you can recommend ?
I’ve been listening to “the contractor fight” right now. Very good info about the service based industry
Who do you use for insurance
How did you drop them in the beginning when you were still working FT?
Storage for the dumpsters will be a big cost for those who do not have property to keep them.
oh yeah learn to trade with someone who has excess land. It might take a dumpster offline but it doesn't have to cost you anything out of pocket.
Property in ghetto is cheap
inspiring
Where do you buy the bins from
Do you use a tracking or routing software or some other method to dispatch? Also do you collect credit card info up front before container is dropped?
We do get the card info and use QuickBooks for billing but we don’t have a route software I do all dispatch myself still
Excellent video and I wish you all the best with your business can you tell me what her a few name brands of Roloff trailers or hooklift trailers like you have that are ones you are fond of..?👍🍺
Thanks! I have a PJ but Nedlands, texas pride and Maxx D are popular
What about advertising? Breakdowns(your maintenance figure covers my tire bill and maybe an oil change or two) these figures assume 100% rentals, and virtually no issues. This is a best case scenario video.
Facebook pages and word of mouth is free. Depends on the person, if you know alot of people it's easier to get the word out. And you really shouldn't have much for maintenence fees when it comes to the trailer and dumpsters. Especially first starting out when they are brand new. He also mentioned that it would probably take 6 months to really start getting those 5 rentals a week.
Great video.. a couple of questions.. the dumpsters are how big as far as cubic yards? You say $65 to dump..is that fee based on volume or weight? I believe where i am located it is $11/yard but I am checking. For a 15 yard dumpster that could be like $160 of the $325 plus fuel and other expenses. Not very profitable for two trips and time I spend. Also.. I didnt see cost of a trailer and related items to haul the dumpsters. Maybe it would be better to get a dump trailer instead of a dumpster? thanks
You would need to look at what your competitors are charging. And price accordingly.
Awesome
Thanks!
This guy is great always honest good info. I’m actually looking into buying a 30 year old dumpster business and would love to know what you think. The business comes with 135 dumpster and 5 trucks and the sale price is only for a little more then the asset worth. Also has really good cash flow . I’m currently in the house flipping industry so I think this would go perfect. Any advice ? Thanks for always sharing amazing content !
That sounds like a great opportunity to look into! Thank you for the channel support! We can definitely do a 1 on 1 conversation about the pros and cons of that business and value through calendly.com/lcsanitation
@@lakechamplainsanitation7226 wow cool. I’m definitely going to take you up on that because flipping houses and running a dumpster company two very different things lol.
how would you know if a customer goes over 1 ton aside from going to the dump and getting weighed? And do you then call them to say they went over and charge their card?
Yes exactly
Can you convert those f
dumpsters to hooklift in the future??
Where is a good place to buy a dump trailer?
How much does it weight at maximum capacity I'm not sure if I have to take f250 or f350 I will have a spacecab in the bed of the truck weight approximately 2000lbs.
Also, you have to have a contingency fund for future liabilities, an unforeseen events
You like the bumper pull trailers ? Or the gooseneck ? Thank you again for your info
When we used to use bumper pull it was nice because we could hook another truck to it if ours went down easier than a gooseneck
Thanks for the content, so by the loose math, I have your E/R (Expense to Revenue ratio) coming in around .48. So off of $400K in a year you should be clearing about $208K. Sound about right? But what about rent to store the equipment and office space? Still a decent business, great insight. Thanks
A little less than that profit wise and it depends on # of employees, wages, insurance levels, equipment cost/ cash or debt basis rent is relatively small and doesn’t fluctuate much compared to all of the other expenses. In my opinion off of $400k you the owner should be able to take between $95-120k salary and still keep cash in retained earnings for the future
Iam in Canada where should I buy all the equipment, Truck and Dumpster ? Thanks
Do you just have pj trailers or what other branda you have? What axles are on it? Cheapest trailer I found was 16k with 7k axles? All the 15 yard dumpsters are 6500-7k also. There are alot of companies out there so if can share what brand besides PJ use?
Look at Nedland Industries in Wisconsin. Not the cheapest but definitely the best.
I'm paying $1000 for my truck. I needed a truck as a superintendent but now I'm an estimator and never need one. I have been thinking about doing something similar. I have a a 2021 powerstroke long bed double cab
Are you running a CDL license or are you not running a commercial license?
Thanks for the great information! Where did you find your roll off trailer for $11-$12k? Cheapest I’ve found so far has been $15 k in Texas. Thank you
Price of steel has gone up, so has trailers and dumpsters.
I seen a rolloff trailer and 3 15 yard dumpsters for 30k $400 A month in PA. I can't remember the name of the company but it was a Google search and it popped up it was a PJ brand.
Thanks for info. Im a teacher and thinking of doing this as side job.
I’m in this business for years trust me This is full-time this is not a part-time adventure by no means
@@ryanwooden783 Yes you can make good money with 1 to 2 dumpsters. Tell your clients to get everything ready to go and you give them a discount you go there with the dumpster open the doors let them load it and get it to the landfill and flip it again and keep flipping it you can take one dumpster and flip it 14 times a week doing it that way but make sure you tell your clients are going to discount it and not charge him a lot of money like the other companies if they do it right away
@@stephendiamond9893 Why do you feel this business cant be done part time? Asking because a family member is interested but has a full time job 7am-3pm and I’m interested to hear your thoughts. Thanks.
Thanks for your transparency. I live in Toledo Ohio. Are you out north?
In NY
Let’s say a customer only fills up a small amount of a 14yarder… do you always empty everytime regardless or do different customers share the space of the same dumpster? If they share, is there an pro rating of prices to accommodate used space from customer prior?
If it's not that much debris
Just add it to another dumpster that is closer to being full the dump it.
How do you do both junk removal and dumpster rental? Also, what books and podcasts do you recommend?
We use the dumpsters for cleanout jobs when they aren’t rented out. I like “The one thing” podcast and “built to sell” is a good book
@@lakechamplainsanitation7226 How do you schedule both? assuming you want to rent out all dumpsters that week, how do you incorporate the clean outs
How do you determine when the market is too saturated to enter into with a rolloff business?
IF you got a rolloff dump and truck and need $ you just lazy, as far as business everything take time but i dont see how u can fail
Do I need a diesel to do this or can I use my 2017 silverado 1500? I was thinking of the junk hauling business but this seems even better considering the equipment I have on hand.
You could definitely start with a smaller trailer and the 1500!
INCOME TAX. Why does everyone ignore that part? It's your biggest "expense". Anything above and beyond your day job is going to be hit pretty hard on the tax end. As far as this vs. rental property and having customers vs tenants...well you rental property doesn't depreciate. It's called equity.
You can write off alot expenses in this business. Income tax is an issue only if you're not scaling.
Hello. Can you help me to make my own setup. I wanna but trailer and truck and container dumpster
I was wondering if that roll off trailer is the same type they used to move storage sheds ? I had a shed moved from one property to another a few years ago and the trailer the guy used looked very much like the ones used for roll off dumpsters.
I haven’t seen one of this time move a shed but I’m sure you could modify it to do so
The $325/day is per dumpster, correct?
Where my I find the website you used to purchase your roll off and trailer roll off
We used a local PJ dealer
Why do you like a pick up and trailer over a larger truck like a kenworth or mack?
Personally when I look at the set up you have I Personally see a 50k (atleast) truck and a 10k to 15k trailer. (Not saying your set ups bad just something I've been wondering)
I like it for starting out because it’s brand new equipment for the price of worn out used large trucks like you mentioned. Also you can drive the pickup to the grocery store or the bank when you aren’t making money with it, or tow personal trailers on the weekend. This setup is for the person starting out in my opinion. Until you have proven you can revenue $125-$150k worth of dumpster rentals consecutively I personally wouldn’t get a big truck because of how expensive maintenance, insurance, initial purchase, etc. will be. This set up with dumpster, trailer and truck brand new - $68,000. New kenworth or Mack truck with a 15YD dumpster, and tarper - $140,000.
What do you think about leasing trucks from Enterprise? I saw that Piglet guy doing it.
I’m not sure the insurance would cover you in this style business with a leased 3rd party truck…I’ve never looked into it
@@lakechamplainsanitation7226
I’m pretty sure when you least the truck they have it insured. And you could probably buy some supplemental insurance. And from what he said in the video about leasing trucks they do all the maintenance and after so many miles they give you another truck and I’m not sure about now but I think last year when he made the video he said it was $.22 a mile is what they charge.
Where did you get your dumpsters and roll off trailer?
I went to a local PJ trailer dealer
New sub here and wannabe dumpster rental tycoon. Do you guys have CDL? You mentioned DOT paperwork. Its my understanding I can tow a trailer with my pickup that does not exceed 10k without a CDL.
Thanks for the sub! Our setups do not require a CDL but we do need a DOT medical card (DOT Physical every 2 years at least where we live). We run trucks and trailers with a combo GVWR under 26,001lbs
How do you empty the rolloff at the landfill?
Dump it
Is your business vehicle insurance really that cheap in New York? In Indiana it’s double what you have on your video for truck and trailer. Also my truck is 20 years old but has full coverage.
Not anymore, when I did it part time with way less equipment it was
@@lakechamplainsanitation7226 I do it part time with a truck and trailer. My insurance is $1800 every 6 months for a million dollar policy.
How did you market your business or what's the best way to do it.
We use lots of word of mouth, some Facebook and Google ads
Those numbers that you put in on the board for the 5 dumpsters what sized are the 5 dumpsters?
Those were about 15yd
Do you recommend starting a dumpster trailer business with a ram 1500?
HD truck for sure
How do your prices compare to bigger companies? Is there much competition with big companies in your area?
Very comparable nowadays. It was lower when we started out
How much would the revenue be nowadays ????
So if you had to do it all over again would you go straight to hooklift?
If I could buy a decent used one then probably yes
There is some dumpster on CZcams said they making around 20k or less amonth with 5 dumpster, where is the true?
Can u do a dumpster vs dump trailer with this exact lay out coat vs coat
Dump trailers 7x14 like the dumpsters would be between $8,000-$10,000 each. So $40-50k in trailers plus the truck would be an estimate
@@lakechamplainsanitation7226 that's the route i have ben going so far buying used fixing my own stuff as it brakes (ben lucky so far) thanks for making this videos
Are you required to get llc, dot number and commercial Insurance?
LLC Is no required but at least a DBA is dot and commercial insurance is
Everyone that I know of offers two tons in their agreement around here. And we all offer about the same price that you are mentioning. It means our profits are much lower than what you are getting.
I feel kind of stuck in that. Would you Veer off your market? If it was you?
Just curious how you go about charge a customer if they dont know how much it weighs until after you've already picked it up and dump it
We use a charge card on file system!
Hello! My name is Ethan and I work for a broker.
Do you service commercial fel/recycling? If so, is it primarily one time deals or is it permanent service?
I’d love to connect and talk about possible opportunities.
He doesn't do FEL. Only Residential curbside Trash removal services with recycling ♻️♻️.
how much does the smaller dumpster in the video weigh once it's full?
Typically 1 - 4 tons depending on the type of debris we are hauling. We don’t haul full loads of dirt or concrete though just small loads of those items
How much insurance?
Do you have to have a CDL permit to do this?
Nope not for this setup
Hey man, how do you charge if you have to make more than one trip to landfill for same client? Thanks
We typically just double the cost unless it’s over 3 loads then we will do a slight discount if we know in advance it will be a multiple dumpster job
@@lakechamplainsanitation7226 Thanks, appreciate you taking the time to answer.
where do you dump it though? like what is the place called?
A landfill
What about taxes for the revenue you report?
Good question it will depend on net
💯 🤝
Wow, your insurance is cheap. Best quote I've gotten so far is around $4300 a year if I stay within a 50 mile radius for a dump trailer business hauling dirt, gravel, mulch or trash. To haul boats/RVs within 500 miles would cost over $12k a year if I paid it all at once.
I was just looking at my insurance bill for my F350 DRW and it's over $1600 a year for personal use and that's with a multicar discount and clean driving record with over 35 years experience. Who do you have for insurance?
I’m about to buy a trailer and 5 dumpsters. I was just curious how far of a radius you try to stay in? As in, where do you draw the line on distance?
We try to stay within about 30 miles of the shop
I am looking at the same. Who did you decide to purchase from? Are they local too you? Thanks
@@tinysparky I was going to buy from the equipment from Texas Pride in Madisonville TX but it’s looking like im going to end up buying a business. I ran into a guy that has a trailer and 10 dumpsters and wants to sell his business. Where are you from?
You didnt factor in taxes so its maybe around 35k a year net??