Hot Listing

Well Established profitable Full-Service Septic Tank Company

Asking Price$2,900,000

Cash Flow
$737,000

EBITDA$637,339

Gross Revenue$2,750,000

Inventory$80,000
Included in asking price
FF&E$700,000
Included in asking price
Real Estate$400,000
Included in asking price
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Hot Listing

Well Established profitable Full-Service Septic Tank Company


Asking Price$2,900,000

Cash Flow
$737,000

EBITDA$637,339

Gross Revenue$2,750,000

Inventory$80,000
Included in asking price
FF&E$700,000
Included in asking price
Real Estate$400,000
Included in asking price
Business Description
Reputable Full-Service Septic Tank Company - Recession-proof recurring customers
This is your chance to own the most reputable full-service septic tank repair, installation, and maintenance company in the Miami area. This recession-proof business built a great reputation of integrity and effective resultsfor over 65 years of experience. Family owned and operated in a professional and efficient manner, they cater to homeowners and businesses throughout Miami and South Florida. The Company uses the atest equipment and only use commercial-grade chemical treatments.

There are very few master septic contractors in the Miami area. Residential and commercial septic systems and tanks are all they deal with.
Their services include real estate inspections, bacteria treatments, water jetting and pump-outs. They also provide drain-field installations and repairs.
They offer the following services:
• Backflow prevention
• Chemical treatments
• Drain fields repaired and replaced
• High-pressure jetting
• Lids replaced
• Line repairs
• Pump systems repaired
• Risers installed
• Sewer lines
• Soil testing reports
• Tank pumping
• Tank installations
• Tees replaced
• Water lines
• HRS certification

The ideal Buyer must be owner operator or a strategic Buyer, in order to continue to grow the business and keep a good service to the customers, maintain the equipment, and manage the team.

Please note the seller is strictly requiring a pre-screening and we only accept buyers with experience in related industry (septic tank, construction and plumbing). No SBA loan - No seller's financing.

Only serious buyers. Prospects need to sign the Owner's NDA, and provide proof of funds and biography related to construction/plumbing/septic industry. Unqualified prospect buyers won't get access to any confidential package.
About the Business
Years in Operation
76
Number of Employees
14
Facilities & Assets
The Seller owns a small yard lof 0.26 Acres with small storage space. The Real estate is included with the Business. Price is $ 400,000. (you can also buy the business without the yard).
Market Outlook / Competition
Marketing:
The Company gives guaranteed work – They do Advertising in community newspapers, send reminders, offer 20 dollars off. They only operate in the areas of Coral Gables, Pinecrest, Palmetto bay as they get so much work, so they don’t need to drive too much and waste time and money. 80% are repeat customers for over 20 years.
Opportunities for Growth
There is a lot of room for someone who is ambitious. The Seller is now looking to retire so he is not willing to do more jobs, buy more trucks, go to other areas.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
11,325
Rent
Not Disclosed
About the Sale
Seller Motivation
Retirement
Transition Support
Great team of 15 full time employees on the field plus the owner who is the qualifier of the company (master septic license) and his wife (admin. assistant. The manager goes on the field doing estimates and repairs.
The Owner is not willing to keep any equity in the company but will help with a smooth transition as qualifyer and consultant for up to 6 months.
Financing Options
Seller is NOT willing to finance - No SBA loan
Listing Info
ID
2136586
Listing Views
12901

Contact Seller

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Business Listed by: Raquel Afriat VR Business Brokers

Listing ID: 2136586 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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