Business Overview

This company is a central Oklahoma locally owned and operated septic system installation and repair company. They have an excellent reputation among homeowners, contractors, and builders for providing quality work, affordable prices, and reliable septic service. They are licensed and insured and we serve a 60-mile radius. Services include installation and repair of all types of septic systems, including pipe & gravel, chamber, or aerobic.

Financial

  • Asking Price: $225,000
  • Cash Flow: $105,000
  • Gross Revenue: $250,000
  • EBITDA: N/A
  • FF&E: $83,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A
About The Facility:

Home Based

Is Support & Training Included:

The seller can provide support for 60 days but only from his home due to immobility issues.

Purpose For Selling:

Immobile due to personal issues

Home Based:

This Business Is Home Based

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals choose to sell companies. Nevertheless, the true reason vs the one they say to you may be 2 absolutely different things. For instance, they might claim "I have way too many various commitments" or "I am retiring". For lots of sellers, these factors stand. But, for some, these may just be excuses to try to hide the reality of changing demographics, increased competitors, current reduction in revenues, or an array of various other factors. This is why it is really important that you not count entirely on a vendor's word, but rather, make use of the seller's response in conjunction with your total due diligence. This will paint a more sensible image of the business's current scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your offer. Numerous businesses finance loans so as to cover things such as inventory, payroll, accounts payable, etc. Keep in mind that occasionally this can imply that revenue margins are too small. Many businesses come under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future obligations to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that need to be met or may cause charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area attract brand-new consumers? Most times, operating businesses have repeat consumers, which form the core of their day-to-day earnings. Specific aspects such as new competitors growing up around the location, road building and construction, and staff turn over can influence repeat clients and also negatively affect future incomes. One essential thing to consider is the location of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Certainly, the more individuals that see the business regularly, the better the opportunity to build a returning consumer base. A last thought is the general location demographics. Is the business situated in a densely populated city, or is it situated on the edge of town? Just how might the neighborhood typical home earnings effect future revenue prospects?