NOT DISCLOSED, Iowa
| Asking Price |
$1,000,000 |
Year Established |
1978 |
|
| Annual Revenue |
$420,900 |
Reason for Selling |
Retirement. |
|
| Annual P/L |
$0 |
Attention |
Kevin Doyle |
|
| Annual Cash Flow |
$200,244 |
Listing Number |
995152 |
|
| # of Employees |
3 |
Business Category |
Services: Utilities: Electric, Gas, Water, Sanitary |
|
Business Overview:
47 year old septic service and installation company located in Eastern Iowa. Services include pumping, jetting, and installations. They also have recurring service contracts for non-conventional systems. Clients are residential, commercial, and industrial companies. Installations are both conventional and non-conventional systems for commercial and residential customers. Consistent revenues and cash flow over the last 3.5 years with considerable reinvestment in business equipment.
Property Features and Assets:
<p>Facility is owned and not included in the sale. <br></p><p>Assets = $1,000,000</p>
Market Competition and Expansion:
<p>While there are other like businesses in their area, they benefit from expertise allowing them to solve all septic related problems. They are truly a one-stop shop.<br></p><p>Turnkey opportunity for industry buyer - long-standing business with a large client list, significant and well-maintained equipment, and $219,000 in 2024 SDE.<br></p>
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity