Septic Pumping & Cleaning Service
Location Connecticut,United States
Asking Price Range < $250K
Gross Revenues $148000
Net Profit / Cash Flow $69000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1968
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Training Will help transition
Reason for Sale Health Problems
Description Septic tank cleaning & pumping service also doing inspections and minor septic system repairs. Can also do installations, supply & service portable toilets, drain cleaning, grease trap cleaning, video line inspections etc. Company established over 44 year in the area. Current Owner has health problems and can't grow the business larger than it currently is. The business serves over 2,500 customers in the surrounding towns of Northern Fairfield and Litchfield Counties of CT. The business is currently housed in the Owner's home in New Milford, CT (the house, garage & barn is also for sale for $650,000). It is easily run from a Home Office and can be moved anywhere in its marketing service area.
The business works in the CT towns of: Brookfield, New Milford, Kent, Bethlehem, Sherman, Bridgewater, Litchfield, Roxbury, Warren & Morris. In this area there are over 35,700 housing units with a medium household income over $90,550. A new owner wanting to grow the business could expand into the many other northern Fairfield & Litchfield counties.
The new Owner will need to park the trucks 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.
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