Septic Pumping & Cleaning Service - New Milford

New Milford, CT
Litchfield County

New Milford, CT


Asking Price: Annual Revenue:
$129,900 $158,196

Services: Non-classifiable


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RE: Septic Pumping & Cleaning Service - New Milford Broker: C. J. (Charlie) Vlahos
License #: 414
Owner Financing is Available!
If qualified, Owner will consider financing with a 30% - 50% down payment over 3 – 5 years @ 6.0%..

Quick Facts

Asking Price: $129,900
Annual Revenue: $158,196
Net Profit: Not Disclosed
Cash Flow: $67,485
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1968
Employees: Not Disclosed
BBN Listing #: 40192770
Broker Reference #: 414

Email or Print Listing

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Business Overview:

This is a septic tank cleaning & pumping service also doing inspections and minor septic system repairs that’s been doing this for 53 years (father and now the son). The business serves over 2,500 customers in the surrounding towns of Northern Fairfield and Litchfield counties of CT.

The current Owner is selling for personal reasons.

The business is housed on the Owner’s property in New Milford, CT. It is easily run from a Home Office or just a cell phone and can be moved anywhere in its marketing area where you can park the truck and store some equipment.

This is a great business for a husband and wife/significant other. One can handle the phones and the other the driving and pumping - (or vice versa). Most of the work is repeat and most of the tanks can be uncovered fairly quickly and easily so you might not even need a helper. I also think an existing septic system contractor would be interested in this business too – when the existing customers of this business need septic system replacement or repairs – they will call the company they know well – their septic tank system pumper!

With a computer list of customers somewhere between 2,700 and 3,200 names, there is plenty of potential pumping business as well as possibly doing installations, supply & service portable toilets, drain cleaning, grease trap cleaning, video line inspections etc. This business can be grown larger than it currently is if that is what a new Owner would like to do, or, kept at its present size and work yourself (maybe with a wife and a helper).

Work is done 6 days per week. The Owner works out of his house and has no employees. Uses contract labor as needed. Business is +\- 90% residential and +\-10% commercial. Very easy to run, with a simple formula to get and keep repeat customers. Revenues from 2017 – 2019 (non Pandemic years run $136,034 - $153,588. With an improving economy and pent-up customer demand, e.g. getting back to +/- every 2 years pumping, sales should continue to increase especially for a new owner. Sales without Co-Vid influences is estimated at +/- $158,196 and Owner’s Cash Flow at this volume is estimated at +/-$67,485 (very conservative).

The business works in the CT towns of Brookfield, New Milford, Kent, Bridgewater, Roxbury, Warren & Washington. In this area, there are over +/- 25,093 housing units with a median household income of over +/- $103,651 and a median House Value over +/- $418,200. A new Owner wanting to grow the business could expand into other northern Fairfield & Litchfield county towns (Morris, Litchfield, Danbury, Bethel, & Ridgefield).

The new Owner will need to park the truck and store equipment in another location unless the property is purchased or space leased. The business itself can be run out of his/her home. Owner might consider renting the current space where the trucks are parked including space inside the barn for storage etc. to the Buyer.

Owner will offer training and support for a negotiated period of time.

Interested buyers MUST sign our Confidentiality Agreement and fill out the Questionnaire before any additional information is received or a meeting is scheduled to view the business, or the location disclosed. Forms are available below or on our website, (from the link in front of the pictures) or can be e-Mailed to you upon request. Detailed financial information showing ability to purchase and proof of funds may be required before a meeting or conference call is scheduled.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Selling Price includes Pump Truck with a 3,000 gallon tank +++

Market Competition and Expansion:

See above discussion about the demographics of the marketing area. Also note the 2,700 - 3,200 customer names in his computer. That list might be worth the purchase price!

Reason for Selling:

Personal Reasons

Additional Details:

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

Documents:

Relevant Links:

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