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Septic Pumping For Sale - Los Angeles County, California, CA |
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| PROFILE: Septic Pumping - Well Established, Lots Of Upsides |
| Status: |
Available |
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| State: |
California |
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| Location: |
Los Angeles County |
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| County: |
Los Angeles |
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| City: |
None Given |
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| Primary Category: |
Service Related |
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| Alternate Category: |
None Given |
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| USABizMart Ad #: |
125317 |
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| Seller Or Contact: |
Jeff Landau |
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| Primary Phone: |
818-483-4777 X209 |
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| Alternate Phone: |
805-341-0398 |
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| Email Address: |
See Form Below |
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| Date Ad Started: |
10/2/08 |
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| Date Ad Last Revised: |
10/1/08 |
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| Asking Price: |
$625,000 |
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| Down Payment: |
$625,000 |
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| Annual Revenue: |
$947,520 |
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| Annual Adjusted Net: |
$167,331 |
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| Franchise: |
No |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Cooperation: |
Call |
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DESCRIPTION: This Company Services Commercial And Residential Septic Tanks And Has Roughly 14,000 Customers In Its Database. They Serviced Approximately 1,200 Customers Last Year. Roughly 60% Of Customers Are In Malibu And 40% In The San Fernando Valley. Residential Business Accounts For 70% Of Revenue And Commercial Accounts For 30%.
The Company Has 5 Residential Pumpers, 2 Transfer Tanks, 1 Commerical Pumper And 2 Adminstrative Pick-Up Trucks. A Staff Of 8 Runs The Company.
If You Were To Operate This Business Yourself Add 116,000 (Manager's Salary).
The Company Has Put Minimal Resources Into Marketing. The Company Was Started In 1948 And Acquired By Seller In 2004. Seller Planned To Roll Into Other Operations, And Has Strategies.
There Are Many Opportunities To Increase Revenues And Decrease Expenses:
1) Create Company Website
2) Add A Sales Person
3) Start Doing Residential Real Estate Inspections For Purchases
4) Start Doing Repair Work
5) Start Doing Installations
6) Target New Markets In Acton, Santa Clarita, Palmdale, Lancaster, And Agua Dulce
7) Relocate From Center San Fernando Valley To West San Fernando Valley And Save Considerably On Fuel And Maintenance Costs
Current Staff Includes 8 Employees. 1 Manager At 2,200 A Month, 1 Customer Service Rep At 16.50 Per Hour, 1 Dispatcher At 17.00 Per Hour, And 5 Drivers/Pumpers At 15.50-17.50 Per Hour. Operating Hours Are Traditional: 9 - 5 Monday Through Friday.
The Company's Corporate Offices Are In Pacoima, Sharing Space With The Parent Company. It’s Own Dedicated Space Has Less Than 1,000 Square Feet Of Office Space. All Trucks And Equipment Is Stored At Facility.
Primary Services Provided Are Septic Tank, Cesspool, And Grease Trap Pumping. In Addition, Company Also Offers Additives, Caustic Soda, And Filters With Occasional Draining Of A Basement Or Pool. Discontinued Services Include Sewer Locations, Camera Services, And Lids/Risers. The Decision To Discontinue These Services Was Primarily Driven By Attrition In Workforce And By Lack Of Management Focus To Replace These Employees. |
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