How much does it cost to start a dumpster rental business?

• $70,000 - For a Roll-Off Truck or Truck with Roll-Off Trailer

• $4,000 - $5,000 for each dumpster

• $500 a year for a website

• $2,000 a Year for Insurance - If you need insurance, reach out to Wexford Insurance, they work with a lot of Dumpster Rental Businesses. wexfordins.com

• $2,000 a Year for Marketing

• TOTAL COST TO START: $79,500

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How much money can you make with a dumpster rental business?

• The average cost to rent dumpster is $500 a week.

• How much money do dumpster rental businesses make a yaer?

  • With one dumpster being rented for 30 weeks a year, you can make $15,000 off of one dumpster. ​

• As you scale your dumpster rental business, you can continue to make more money. With 5 dumpsters, you can make the following:

  • 30 weeks a year, 5 dumpsters at $500 a week, you can make: $75,000 a year. ​

 

Are Dumpster Rental Businesses Profitable?​​

• Yes, a single dumpster can make anywhere from $15,000-$20,000 a year. From your investment in that dumpster of around $4,000-$5,000 you can make your money back quicky. 

• The challenge with this business is profiting off of the initial investment of your dumpster roll-off truck or dumpster roll-off trailer. 

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Types of Dumpster Rental Businesses:

• Roll-Off Dumpster Rental Business

• Junk Removal Business

• Dump Trailer Rental Business​

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Positives of a Dumpster Rental Business

• This is business is semi-passive. Once you drop off the dumpster, you don't need to come back until the customer is done with it.

• This Business is always needed. Contractors are always doing remodels. Homeowners are always doing projects.

• This business can be scaled. You can continue to add more dumpsters and grow your business.

 

How to Start a Dumpster Rental Business 

1. ​Save up money for down payments on equipment

2. Form your LLC with the Federal Government and Local Government

3. Create your website and social media pages

4. Purchase Insurance

5. Find a Lawyer to draft your dumpster rental contract

6. Make connections with local builders and contractors

7. Implement local marketing. 

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