Cesspool, Sewer and Drain Service - P/T Hours - 2

Suffolk County, NY
Suffolk County


Asking Price: Annual Revenue:
$559,000 $357,000

Services: Landscaping & Lawn Care


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RE: Cesspool, Sewer and Drain Service - P/T Hours - 2 Broker: Melvin L. Vaz
Owner Financing is Available!
350,000.00 Down & $209,000 over 3 years @ 6%

Quick Facts

Asking Price: $559,000
Annual Revenue: $357,000
Net Profit: Not Disclosed
Cash Flow: $187,120
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1979
Employees: Not Disclosed
BBN Listing #: 74284447
Broker Reference #: Not Disclosed

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Business Overview:

Since 1978, this company has been servicing all of Suffolk County in Complete Cesspool & Septic Service for both residential and commercial locations. They do it all, from general maintenance and installation of cesspools to grease trap and water jet maintenance. All the maintenance work is done in-house, installation is sub-contracted out. The company has shown consistency over the past five years with over 10 active commercial accounts, including hospitals, movie theaters, restaurants, and private residences (billing $5,000.00 per month). Conveniently operated from a home office, the current owner is able to manage the business through less than 15 hours of work per week. The sale price includes over $80,000.00 worth of equipment ( 1999 - 3,000 gallon Pump Truck, 1995 - 600 gallon Pump Truck, 2 water jetters - 2400 psi & 1500 psi., plus more hand tools, snakes, etc.). Truly turn - key! Also, the owner is willing to offer thorough training and support for any buyer for at least a few months. In 2013 the business grossed approx. $380,000.00 with a Net Income of approx. $187,940.00. That are REAL FIGURES. Nearly a 50% Profit. This is a solid business with great upside. The seller admits not really trying to build new accounts. He is just maintaining what he has and enjoying referral business. We are looking for an energetic buyer who is ready to put in some effort to grow the business

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Reason for Selling:

Personal

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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