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SellerForce® presents a Sewer Repair Business that has been operating for a full 60 years.
The company offers comprehensive, personalized, and high-quality sewer and drain service for clients in the Chicagoland area, serving a large market of residential and commercial consumers alike. Their services include, but aren’t limited to, all types of sewer rodding, sewer repairs & replacement, pump repair & replacement, and camera work. Their sewer repairs contribute most to their revenue, accounting for about 40% of their business.
As they have been in business since 1964, they have amassed a loyal client base over the years. Some of their clients are long-term, with at least 60% of their total clients calling back later. The company averages 200 to 300 residential service calls every year, and provides services to 15 commercial buildings.
Their pricing is custom quoted based on the amount of work required for a specific proposal project, as each one has different requirements requiring a different amount of work. The brand’s marketing campaign is simple, consisting of Angi, referrals from pleased clients, and two church bulletins. As such, there is ample opportunity for a buyer to scale the company by investing in a stronger marketing campaign.
They could increase their ad spend for Angi, invest in Facebook ads, and contact past clients through mail to encourage new and repeat business.
A buyer could quickly increase the company’s revenue by increasing the number of services offered and increasing the pricing of their current services. They could then use this additional revenue to expand their range and target new counties.
This acquisition targets a large market, as their services are applicable to anyone with a backed-up sewer line, drain issues, laundry, sink, and/or toilet issues. The deal also comes with approximately $50-$70K worth of equipment and materials, adding to their value.
The seller is open to training the new owner in running the business, but the ideal buyer would have some pre existing skill of working with sewers, sewer drains, sump pumps, rodding, and drain lines.
Please contact SellerForce today if you’re interested in learning more about this brand from our brokers.
Listing ID: SF399
