Prequalified at $700,000 by a preferred lender!
Highly reputed pest control company serving the local desert community of Southern California.
Established in 2019, the company specializes in insect and rodent preventive treatments, trapping, and eradication. Their primary offering is a recurring, monthly general pest service. 80% of revenue is a contract subscription. This highly profitable company is a unique investment opportunity, as the owners are looking to move out of state.
Investment Highlights:
• 2024E: $366K revenue; 253K SDE, Q1-Q2 2024 revenue tracking at 1.2x 2023 2023: $332K revenue; $231K SDE
• Contracted monthly recurring revenue
• Strong Revenue growth, achieving a CAGR of 111%
• Average SDE margin of nearly 64%.
• Customer mix is residential, commercial, and short-term rentals.
• 98% of customers have active subscriptions
• 97% customer retention rate
• The licensed applicator will stay through transition and the new owner can
temporarily work under the current owner’s operator license.
• Tech-enabled operations are automated and no real estate necessary
• Assets include 3 trucks that are in excellent condition
• Further growth can come from geographic expansion, expansion of services such as termite eradication, and strategic partnerships.
- Asking Price:
- $599,000 Furniture / Fixtures included
- Sales Revenue:
- $332,000
- Cash Flow:
- $231,000
Property Information
- Real Estate:
-
Lease
- Size in square feet:
- N/A.
Business Operation
- Reasons for selling:
-
Approaching retirement and/or pursuing other interests.
- Trading hours:
-
N/A
- Employees:
- 3 nonunion.
- Years established:
- 2019
Other Information
- Support & training:
-
Standard Transitioning.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Standard SBA-term financing will be negotiable for qualified buyers.
