Profitable, Long Est'd Sewer & Drain Cleaning Business, NYC Nassau

Queens, NY (Queens County) (Relocatable)

Seller Financing Available
Profitable, Long Est'd Sewer & Drain Cleaning Business, NYC Nassau
Contact Seller

Asking Price: Get Financing: $625,000

Cash Flow: $200,000

Gross Revenue: $1,140,000

EBITDA: N/A

FF&E: $50,000

Inventory: $5,000

Lease Rate: $1 /SF/Month

Established: 2002

Profitable, Long Est'd Sewer & Drain Cleaning Business, NYC Nassau

Get Financing Save Print Share Valuation Report

Business Description

We are the exclusive agents for this profitable, long established sewer & drain cleaning business servicing Queens, Brooklyn, Nassau and the Bronx. The seller has experienced serious health issues and can no longer support the business on day to day basis. While the company has experienced rapid growth and higher profits in the past, the business has suffered due to the owners health. Although the owner is confident that the business will return and surpass past sales and earnings with a healthier, more aggressive operator, he has directed us to price the business on the basis of his most recent sales and profits.

Customer calls are received by a call center, staffed by courteous, friendly, knowledgeable professionals and responds with a fleet of technicians/trucks, that normally responds to a customer's call within 3 hours. The company’s normal workday is from 6 AM to 12 AM, 7 days a week.

Presently, the company’s sales are limited by the number of techs/vehicles available to handle in-coming calls. The company has an excellent website and large database of customers, and while the company is often the first one a customer contacts, since the owner experienced health issues, he has not replaced some techs and many calls are not responded to in as timely manner as when he was active, leading to a loss in sales. Ownership believes that sales would easily grow to previous levels (and higher) a more active, healthier owner who would hire & train additional techs. The owner is of retirement age and his health has forced him to operate the business on an essentially part-time basis.

Unlike plumbers and electricians, the business does not require the owner (and service techs) to hold a professional license. This is a straightforward business to operate and grow for an aggressive entrepreneur. Experienced personnel are on staff to train additional techs and the owner is willing to remain for a period to assist the buyer.

In addition to emergency services, the company offers its residential and commercial service preventative maintenance contracts. Presently, the firm has approximately 16,000 annual maintenance contracts.

Please download, fill out each page and forward a copy of our standard NDA (attached) so we can discuss this opportunity further.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
N/A
Employees:
22
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
While there is competition, it is primarily from smaller operators without the professional organization of the seller.
Growth & Expansion:
The owner's health issues have impacted his ability to manage the business and there is significant room for growth.
Financing:
Seller will financing to qualified buyer, at seller's sole dicretion.
Support & Training:
Owner will remain for reasonable period to transition business to new owner.
Reason for Selling:
Owner has experienced health issues and reached retirement age.
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Angelo A. Ferrara

Business Listed By:
Angelo Ferrara

Rapt Enterprises Inc.

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1404687 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


AEON

Franchise Opportunity
Capital Required: $65,900