Traverse City Piping and Erosion Control Business

Not Disclosed, MI


Asking Price: Annual Revenue:
Not Disclosed Not Disclosed

Manufacturing: Non-classifiable


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RE: Traverse City Piping and Erosion Control Business Broker: Rob Anderson
License #: 6501395367

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1198
Employees: 5
BBN Listing #: 584060403
Broker Reference #: 2019-15

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Business Overview:

Business Description

The company is a profitable and well-established distributor of underground drainage, erosion control, and septic system products serving northern Michigan. They’ve been assisting commercial contractors and residential customers in the area for over 20 years by providing expert advice and outstanding service. The company operates from a leased retail storefront along a major thoroughfare.

Key product lines include residential septic systems and tanks including an advanced drain field chamber system that is a growing preferred alternative to conventional pipe and gravel leach fields. The company is the top seller in the entire Midwest. Other products include galvanized and polymer driveway culverts and HDPE drain tiles for storm wastewater management used in both residential and commercial applications. Erosion control products include geotextiles and pond liners.

The owner started the business in 1998 and grew rapidly by focusing on an underserved customer segment that has remained loyal to the company. He only works part-time now and is willing to support and train new ownership to ensure a successful transition.

Detailed Information

Year Established: 1998
2019 Revenue:$1,250,000
2019 SDE:$110,000
Inventory & Asset Value: $180,000
Products and Services:
· Large piping, culverts, and drainage tiles
· Septic systems, tanks and pumps
· Geotextiles for erosion control
Employees:3 plus the owner
Facilities:2,500 square feet of leased storefront with ample outdoor storage space
Investment Highlights:
· Solid reputation and long-term contractor relationships
· Ideal location in a growing area
· Diverse customer base
· Product lines with high demand
Growth Opportunities:
· Add new product lines
· Expand sales territory
· Increase focus on the erosion control and flood prevention
· Re-evaluate supply chain and sourcing
Support & Training:Owner is willing to assist the new buyer
Reason for Selling:Retirement

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Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is not 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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