Business Overview:
27 year old Septic Service Contractor specializing in residential/commercial drain field maintenance and construction servicing West Volusia County. Sale includes a vast array of equipment including Mack Pump Truck (3,300 gallons), John Deere 35D Excavator and 3223E Loader, Pickup and 2,300 gallon storage tank. Storage Site (0.48 acres) is well located to regional roadways and is available for lease at $1,500 per month or sale at $160,000. Additional equipment is also available for purchase. CASH and credit business. Founding owner is ready for retirement and will consider interim license qualifier and possible Seller financing. Notwithstanding, Lender pre-qualification has been secured.
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Property Features and Assets:
Business is turn-key with equipment included to support ongoing business efforts. Assets to be transferred are estimated at $167,000 along with approximately $6,500 of inventory. Property consists of 0.48 commercially zoned tract that is fenced and includes security cameras. Site is well located and is available for lease at $1,500 per month NNN or purchased at $160,000.
Market Competition and Expansion:
Notwithstanding regional growth there exist a few competing septic service firms in the region that likely creates some level of installation/service pricing ceiling to business. Sales and earnings growth, however, are definitely scalable with increased workforce and further promotion of Company services. Despite owner's intent on maintaining status quo in terms of employee count given pending retirement, regional demand is expected to positively impact revenue growth of Company.
Growth should be positively impacted by increased workforce and further marketing efforts. Existing equipment should support business growth for some time.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- 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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