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iStock-928077000

Pest Control - Over 45 Years in Business

North Carolina
  • Asking Price$1,250,000
  • Revenue$950,000
  • Cash flow$425,000
  • EBITDA$350,000
  • Inventory$10,000
  • FF&E$50,000
  • Real EstateN/A
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Contact the Broker

team--erik-sullivan
Erik Sullivan
919-263-2550

Description

Market Leading Company with Solid Books

This business has grown over many years to become the undisputed market leader in the area it services. The company has been built by reputation and referrals alone – no telemarketing, no door-to-door, not even a website. With an enhanced marketing program, this business would certainly see immediate growth. Previous pest control experience recommended.

Features:
- Clean books and records
- Consistent revenue and cash flow for many years
- Solid customer base with 60 percent residential 40 percent commercial
- Customer retention is higher than industry average
- Dominant within its market territory with limited competition
- Organic growth only – built through reputation and referral
- Well branded with plenty of room for growth
- 750 monthly pest control accounts
- Nearly 2,000 annual termite inspections
- Long standing, well trained employees
- Excellent opportunity for individual or strategic acquisition

This is an excellent opportunity for an individual or strategic acquirer looking to gain key geographic area. The business has been pre-screened for a ten-year SBA lending package. Loan package includes $75,000 in working capital for a buyer with $150,000 down payment. Other financing scenarios are outlined in the listing package.
Confidential Listing. Detailed marketing package is available upon signing of Non-disclosure Agreement. To learn more, contact Erik Sullivan at MidStreet.

INVENTORY

Included in asking price

REAL ESTATE

N/A

FURNITURE FIXTURES AND EQUIPMENT (FF&E)

Included in asking price

FACILITIES

The business operates from an office/warehouse owned by the Seller. Seller is willing to provide Buyer with a lease at a fair market rate.

COMPETITION

Competition is limited in the existing market area. Not a franchise – no territory restrictions. Advantages over competitors include brand recognition and superior customer service.

GROWTH & EXPANSION

The business is currently doing very little marketing or advertising. Increased marketing efforts will most certainly lead to growth. The development of a website with SEO web campaign alone would substantially increase revenue.

SUPPORT & TRAINING

The continued success of the business is one of the Seller’s top priorities. Onsite transition support and call/email support will be made available and are included in the purchase price.
REASON FOR SELLING
The owner is looking to retire after more than 35 years in the business.
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Understand Buyer Financing

Almost all buyers will use some type of financing when they purchase a business. If you plan to finance, then you need to know your options. Informed buyers have time to prepare for the buying process, while those who wait wind up slowing down the deal. Don’t wait.
Read Our Guide