Business For Sale Listing 109567
Septic Tank Installation, Repair & Replacement
Status as of Dec-4-2008 at 06:09 PM: Active
Business Summary
The company provides septic tank installation, repair and replacement. These services are provided to existing homeowners, general contractors specializing in new home construction as well as commercial property developers. Additionally the company provides repair of septic systems, alternative systems, seepage pits, leach lines, cesspools, dry wells, holding tanks, gravel-less drain fields and camera/locating services. The geographic area the company covers consists of Malibu, Ventura County, West Lake, Calabasas and Agoura Hills.
Malibu and Los Angeles County now require installation of a new high tech septic system with sophisticated electronic monitoring devices. This change will have a significant positive impact on the industry because these new systems are about three times the price of the existing systems. It is anticipated that more municipalities and counties will also soon require installation of the new systems. This will increase both the revenue and profitability of the Company. The average installed price of a new system will range from $25,000 to $30,000.
The business has experienced significant growth over the last three years going from $428,000 to over $929,000 without any significant marketing efforts. The company’s long standing reputation, attention to detail and quality workmanship has created a steady stream of repeat and referral business.
The company’s revenues have grown to exceed $929,000 dollars in 2005 with an owner’s cash flow in excess of $228,000. The asking price of $699,000 equates to 1.5 times cash flow plus vehicles, equipment and machinery of $344,000.
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million (929,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (228,243) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2005 |
| Asking Price: |
Between $500 Thousand and $1 Million (699,000) |
