AI proof, recession resistant, essential home service with consistent demand and limited competition. This is the kind of work most people do not want to do, but homeowners cannot ignore. For an operator willing to get their hands dirty, the market can pay a premium.
Retiring owner says $500,000+ in high margin annual revenue is achievable for a hard working operator and is willing to provide seller financing to help support the new owner’s success.
Asking price: $200,000
Seller financing: Seller is willing to hold a note with 150k down
Revenue: $200,000
Owner benefit: $160,000
Owner works part time. No employees.
Approximately $70,000 in equipment included.
The current owner works part time and the phone keeps ringing with $500-$15,000 jobs.
He does no advertising. He has no CRM. Years of customers have never been systematically followed up with. Yet the seller still pockets $160,000 in annual owner benefit.
This is a simple, high-margin Long Island service business built on repeat customers, referrals and word of mouth.
The company has more than 100 five-star reviews and an outstanding local reputation built over decades.
Jobs generally range from approximately $500 to $15,000 and include cesspool service, drainage, line cleaning, excavation, repairs and installations.
Why the upside is real:
Years of customer invoices are sitting in boxes. A buyer who loads the existing customer history into a CRM, follows up with past customers and starts basic local marketing would be doing things this business has never seriously done.
Included in the sale:
2002 Mack cesspool truck with approximately 5,000-gallon aluminum tank, estimated value of approximately $45,000 to $48,000
Service van and trailer
Drain-cleaning machines, cables and tools
Chemicals and operating equipment
Established business phone number
Website and online presence
Historical customer invoices and records
Repeat and referral customer base
Established local reputation and goodwill
Yard and storage currently runs approximately $300 per month.
Straight talk on the books:
Approximately 50% of collections are cash. The records are old-school. This is not being presented as a bank-financeable, spreadsheet-perfect business.
Serious buyers can review invoices, receipts, available banking records and other supporting information and can connect directly with the seller's accountant.
The seller is exceptionally friendly, down to earth and genuinely wants the next owner to succeed.
He will provide transition support and can assist with licensing, permits, operations and industry contacts.
This business is for someone who wants to work, build and make money.
At a $200,000 asking price with approximately $70,000 of equipment included, a buyer is acquiring the equipment, customer base, reputation, established phone number and decades of goodwill for relatively little above the value of the hard assets.
For the right hands-on owner, the opportunity is straightforward: answer the phone, take care of the customers, follow up with the existing customer base and grow.
Contact Brian Bernstein at Heritage Business Brokers for more information.
Ad#:2538898