Business Overview

This well-established and profitable company has been in operation for over three decades providing environmentally responsible septic pumping, cleaning and hauling service to residential and commercial customers in Southern New Hampshire. The primary service area includes seven towns in a 25 mile radius. The business has an excellent reputation for professional service and has a well maintained fleet of vehicles. This is a low overhead operation ideally suited to an owner operator or a similar business in the industry. Included in the sale are the business name, phone number, pumping/hauling vehicles, equipment (tank locator, hoses etc.) valued at $200,000, supplies (fittings/valves etc.) valued at $10,000, training/consulting period, customer/vendor/operating data information, and non-compete agreement, all offered at a purchase price of $449,000.

Financial

  • Asking Price: $449,000
  • Cash Flow: $101,949
  • Gross Revenue: $357,085
  • EBITDA: N/A
  • FF&E: $200,000
  • Inventory: $10,000
  • Inventory Included: Yes
  • Established: N/A
Is Support & Training Included:

Support and training during the transition are available.

Purpose For Selling:

To focus on other interests

Additional Info

The sale will include inventory valued at $10,000, which is included in the suggested price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals choose to sell businesses. Nonetheless, the true reason vs the one they say to you may be 2 entirely different things. As an example, they may say "I have too many various commitments" or "I am retiring". For numerous sellers, these reasons stand. However, for some, these may just be excuses to try to hide the reality of altering demographics, increased competition, current reduction in earnings, or a variety of other reasons. This is why it is really important that you not count totally on a vendor's word, yet instead, use the seller's solution combined with your overall due diligence. This will paint a much more realistic image of the business's present circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Numerous companies borrow money in order to cover things such as stock, payroll, accounts payable, etc. Keep in mind that in some cases this can mean that earnings margins are too small. Many companies come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future obligations to think about. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that must be satisfied or might lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area bring in new clients? Many times, companies have repeat customers, which create the core of their everyday revenues. Certain elements such as new competition sprouting up around the location, roadway construction, and personnel turnover can impact repeat clients and also adversely influence future incomes. One crucial point to think about is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more people that see the business regularly, the greater the opportunity to develop a returning customer base. A last idea is the basic area demographics. Is the business placed in a largely populated city, or is it situated on the edge of town? Exactly how might the local median home income effect future revenue potential?