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Waste Pumping Services - Commercial and Residential, Recession Proof

Asheboro, S of Greensboro, North Carolina (Randolph County)

Services - Other Miscellaneous services | Services - Other Business Services

$Seller Financing Available

Asking Price $125,000 Inventory $100* 
Gross Income $137,551 Real Estate  
Cash Flow $45,312 Year Established 1999
FF&E $60,000* Employees 2

* included in the asking price

** not included in the asking price

The company provides waste pumping services to home owners, restaurants and commercial accounts. The company hauls septic waste, clears septic lines and repairs drain fields. The company has a 10 year history of serving home owners and businesses in Randolph county and the Greensboro market. The current owner aquired the business in 2004 and operates with 1 employee who works about 25 hours per week who could be replaced by a new owner. The current owner works about 30 to 35 hours per week, is typically down for the day by early afternoon and is semi-retired. It is a business that could be grown with expanded marketing and additonal services. Equipment is in very good condition, well maintained.

Facilities: Leased warehouse facility, 6,000 sq.ft. for $995/month, ample for growth, central location to their primary service area.

Competition: There are 1,000 pumpers in NC, it is a highly fragmented market but very resistant to recessions. Market is growing as NC grows and more restrictions are places on septic systems.

Seller Financing Available: Yes

Financing: Seller will finance $60,000 to a qualified Buyer

Support/Training: Seller will train and support for at least 30 days and wants to insure the success of a new owner.

Reason Selling: Seller runs this as semi-retirement business, now he seeks other opportunities

Business For Sale By

Alan Clark

828-432-2900

The Hatteras Group

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