MergerPlace

SOLD - Drain & Sewer Cleaning Services - SBA Pre-Qualified

Denver, Colorado (Denver)


  • Asking Price: $400,000
  • Gross Income: $427,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $300
  • FF&E: $25,000
  • Listing ID: #208493
  • Established: 2013
  • Employees: 1

Business Description

This Sewer & Drain Cleaning business has an excellent reputation and is servicing the greater Denver metro area. Sales have been growing each year and earnings to the owner were over $180,000 in 2017 and tracking for the same or better for 2018.

The company services both commercial and residential accounts and does basic drain and sewer cleaning, hydro jetting, and pipe line scooping. All work requiring a plumber’s license is outsourced, so there is an opportunity to bring that in-house for a licensed plumber. 90%+ of the work is coming from repeat and referral customers and very little marketing is being done as the current owner is too busy as it is.

This is a great opportunity for a buyer with some industry experience that wants to make close to $200K per year working for themselves. While the business is currently run just by the owner there is a good platform here to bring on additional technicians to expand the business. The financials on the business are very clean and therefore the opportunity has been pre-qualified for an SBA loan with as little as 10% cash down from a buyer with some industry experience, or the Seller is willing to entertain carrying a note for the right buyer. All details on this opportunity will be provided with a signed Non-Disclosure Agreement & Buyer Qualification Profile.


Business Details

Primary Business Category: Real Estate and Rental and Leasing
Location: Colorado
Metropolitan Area: Denver
County: Denver

Company Information

Year Established: 2013
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees: 1

Financial Information

Asking Price: $400,000
Gross Revenue: $427,000
EBITDA: $189,000
FF&E: $25,000
Inventory: $300
Seller Financing Available: Yes

Property Information

Competition:

Very little marketing or advertising is being done as the current owner is too busy now. This is a recession proof industry that has lots of opportunity for growth should a new owner wish to bring on additional technicians.

Reason for selling:

Relocation out of state

Support & Training:

Seller will provide up to 60 days of training and transition included in the asking price and would be willing to stick around for a longer transition should a buyer wish for them to do so for some agree to compensation.

Contact Business Seller

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Business Listed By:

Brian Mueller

Sunbelt Denver