Renowned and profitable Septic Tank Company in Miami

This is your chance to own a full-service septic tank repair, installation, and maintenance company. Great reputation of integrity and effective resultsfor over 65 years of experience. Family owned and operated in a professional and efficient manner, they cater to homeowners and businesses throughout Miami and South Florida. They also have the latest equipment and only use commercial-grade chemical treatments.

There are very few master septic contractors in the Miami area. Residential and commercial septic systems and tanks are all they deal with.
Their services include real estate inspections, bacteria treatments, water jetting and pump-outs. They also provide drain-field installations and repairs.
They offer the following services:
• Backflow prevention
• Chemical treatments
• Drain fields repaired and replaced
• High-pressure jetting
• Lids replaced
• Line repairs
• Pump systems repaired
• Risers installed
• Sewer lines
• Soil testing reports
• Tank pumping
• Tank installations
• Tees replaced
• Water lines
• HRS certification

The ideal Buyer should be an owner operator or a strategic Buyer, in order to continue to grow the business and keep a good service to the customers, maintain the equipment, and manage the team.

Only serious buyers. Please contact the listing agent to get qualified. Prospects need to sign the Owner's NDA, and provide proof of funds and biography.

Down Payment: N/A

Total Sales: $2,838,810

Cash Flow: $752,944

EBIT: N/A

EBITDA: $752,944

Accounts Receivable: N/A

Accounts Receivable Included: No

FFE: $800,000

FFE Included: Yes

Inventory: $200,000

Inventory Included: Yes

Year Established: 1949

Year of last Acquisition: 1949

Days & Hours of Operation: Monday to Saturday 8AM to 6 PM

Owner Hours Per Week: 30

Lender Pre-Qualified: Yes

Non-Owner Payroll: N/A

Employees: 13

Managers: 1

Absentee Owner: No

Security on Lease: No

Lease Option: 5 years plus option of 5 or Option to purchase the real estate

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $3,000

Type of Location: land with Parking lot and storage owner by seller

Square Footage: 6,000

Franchise: No

Relocatable: Yes

Facilities Information:

The Seller owns a small land of 0.26 Acres with small storage space. There might be an option to buy the Real estate with the Business. Price to be determined with the Seller.

Reason For Sale:

Retirement

Training & Support:

Great team of 15 full time employees on the field plus the owner who is the qualifier of the company (master septic license) and his wife (admin. assistant. The manager goes on the field doing estimates and repairs. The Owner is not willing to keep any equity in the company but will help with a smooth transition as qualifyer and consultant for up to 6 months.

Owner Qualifications:

Owner has a Master Septic contractor License and will qualify the Business until the Buyer gets his own license.

Competition:

Marketing: The Company gives guaranteed work – They do Advertising in community newspapers, send reminders, offer 20 dollars off. They only operate in the areas of Coral Gables, Pinecrest, Palmetto bay as they get so much work, so they don’t need to drive too much and waste time and money. 80% are repeat customers for over 20 years.

Potential Growth:

There is a lot of room for someone who is ambitious. The Seller is now looking to retire so he is not willing to do more jobs, buy more trucks, go to other areas.

Financing/Terms:

No seller financing
Pre-Approved for SBA Loan