Montgomery County, TX Pest Control Businesses For Sale

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Residential Mosquito Control - Recurring Revenues
$183,500 Cash Flow: $73,000
Residential Mosquito Control - Recurring Revenues

Spring, TX

This franchise mosquito service business was established 5 years ago, servicing all of The Woodlands and surrounding areas. This business includes established clients, many of whom have enjoyed service since the 1st year! This revenue model is almost entirely recurring in nature, as clients enjoy regular service and renew from season to season at a 90% plus retention rate. There is opportunity to enhance the one time business, while also seeking out more commercial opportunities which seller has not pursued. Next owner can also expand into general pest control, exclusion, and even termite opportunities. The opportunities are limitless within the greater pest control space. At this moment, this business ONLY operates seasonally March - October, so further opportunity for next owner to expand into year round mosquito control too! This business has NO accounts receivable, and neither will the future owner. This is a pay in advance business, with 75% of clients choosing to prepay in advance for the entire mosquito season. The remaining clients opt into a payment plan at a slightly increased price point. Future owner will need little capital to fund this business as a result of the cash flow aspects of this business. 2018 Revenues projected at $155,000+. 2017 Revenues were $123,000. **Revenue growth of at least 26% due to double digit % increase in customer base Year over Year, higher price point, and continued customer acquisition this 2018 season ahead. The mosquito industry continues to expand at double digit rates, much higher than the single rate growth of general pest control. The double digit growth of this mosquito service industry is forecast to continue for the next 5 years at least, driven by media/news outlet attention on mosquito born viruses, along with headline news such as Bill Gates talking about these being the #1 threat to humans worldwide. There is competition in the marketplace, however, the industry has light service providers compared to the need. Cash Flow - very cash flow positive company. The industry is as well. This business will run 30% cash flow margins against revenue in 2018 with ownership involvement in customer service and staff training/development. Potential owner could also take on field work and enhance free cash flow at or near 50% overall. This business is ready to provide new owner with great cash flow, in a business and industry ready to grow. Though locally owned, future owner will need to meet with franchiser group and be approved for purchase. They are great people, only looking for owners that want to grow with them. The franchiser is very involved for support, training and development, but allows the franchise owners to run their business without interference. Good people, good opportunity!

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