Established for over 16 years, this Septic installation and services company operates throughout Central Florida. The business has significant assets including pump trucks, dump truck, excavators, and trailers. The industrial property it occupies is also for sale.
The Septic Industry in central Florida is as vibrant as ever. With a large percentage of the land being suburban and rural, there is limited connection to city water/sewer. Septic tanks are the norm outside of each city limits.
The owner focuses on new installations through a network of dozens of home builders and mobile home park operators, as well as runs service crews for pump out and drain field repairs, and some plumbing work.
Great bolt-on business for existing plumbing or septic contractor
Owner willing to stay and license company and perform a sales function. Also has another key manager with license to provide continuity if Buyer does not wish to employ seller.
Sellers Discretionary Earnings based on recast of 2016 Tax return.
The property is a 2 acre industrial zone parcel with an office trailer, shed, and lots of room to store trucks, equipment, and supplies. The property is for sale at $130,000. Alternatively the buyer of the business could lease the property for $2,000 per month, plus sales tax, insurance and property tax. Rent, taxes and insurance are already factored into the business’s current operating expenses.
Business is generated from repeat clients (builders) via networking, word of mouth, and repeat service clients. Currently a large 2-3 year pipeline of new installs with existing clients. Opportunity to revitalize the plumbing side of business as well, where most business is referred out to others since the company has been so busy with septic work.
There is a normal amount of competition in the area for the services offered. Competitors are mostly small businesses, similar in size to the Company. There are a handful of mom & pop operators as well. There is no dominant player.
4 weeks, plus owner will stay if desired in sales/business development role