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Septic Pumping & Cleaning Service In The Greater New Milford, CT Area

#26806
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Jeannette026-FINAL 4 LIGHT GRAY

Jeannette Engel
Union Bay Group
(206) 783-1717

Business Overview

This business is under Deposit...

This is a septic tank cleaning & pumping service also doing inspections and minor septic system repairs that?s been doing this for 53 years (father and now the son). The business serves over 2,500 customers in the surrounding towns of Northern Fairfield and Litchfield counties of CT.

The current Owner is selling for personal reasons.

The business is housed on the Owner?s property in New Milford, CT. It is easily run from a Home Office or just a cell phone and can be moved anywhere in its marketing area where you can park the truck and store some equipment.

This is a great business for a husband and wife/significant other. One can handle the phones and the other the driving and pumping - (or vice versa). Most of the work is repeat and most of the tanks can be uncovered fairly quickly and easily so you might not even need a helper. I also think an existing septic system contractor would be interested in this business too ? when the existing customers of this business need septic system replacement or repairs ? they will call the company they know well ? their septic tank system pumper!

With a computer list of customers somewhere between 2,700 and 3,200 names, there is plenty of potential pumping business as well as possibly doing installations, supply & service portable toilets, drain cleaning, grease trap cleaning, video line inspections etc. This business can be grown larger than it currently is if that is what a new Owner would like to do, or, kept at its present size and work yourself (maybe with a wife and a helper).

Work is done 6 days per week. The Owner works out of his house and has no employees. Uses contract labor as needed. Business is +\- 90% residential and +\-10% commercial. Very easy to run, with a simple formula to get and keep repeat customers. Revenues from 2017 ? 2019 (non Pandemic years run $136,034 - $153,588. With an improving economy and pent-up customer demand, e.g. getting back to +/- every 2 years pumping, sales should continue to increase especially for a new owner. Sales without Co-Vid influences is estimated at +/- $158,196 and Owner?s Cash Flow at this volume is estimated at +/-$67,485 (very conservative).

The business works in the CT towns of Brookfield, New Milford, Kent, Bridgewater, Roxbury, Warren & Washington. In this area, there are over +/- 25,093 housing units with a median household income of over +/- $103,651 and a median House Value over +/- $418,200. A new Owner wanting to grow the business could expand into other northern Fairfield & Litchfield county towns (Morris, Litchfield, Danbury, Bethel, & Ridgefield).

The new Owner will need to park the truck and store equipment in another location unless the property is purchased or space leased. The business itself can be run out of his/her home. Owner might consider renting the current space where the trucks are parked including space inside the barn for storage etc. to the Buyer.

Owner will offer training and support for a negotiated period of time.

Interested buyers MUST sign our Confidentiality Agreement and fill out the Questionnaire before any additional information is received or a meeting is scheduled to view the business, or the location disclosed. Forms are available below or on our website, (from the link in front of the pictures) or can be e-Mailed to you upon request. Detailed financial information showing ability to purchase and proof of funds may be required before a meeting or conference call is scheduled.

Listing Details

  • SIC

    17, 72, 76, 89

  • Price

    $129,900

  • Downpayment

    $40,000

  • Adjusted Net

    $67,485

  • Annual Sales

    $158,196

  • Area

    N/A

Relocatable

Home Based

Franchise

Lender Pre-Qualified

  • A/R

    N/A

  • Inventory

    N/A

  • FF&E

    N/A

  • Leasehold

    N/A

  • Vehicles

    $50,000

  • Real Estate

    N/A

  • Other Assets

    N/A

  • Total Assets

    N/A

  • Included

    N/A

  • Current Liabilities

    N/A

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