Exceptional Termite Control Company Tremendous Growth Potential
Business Description
Great Industry with Recurring Revenue Component
Asking Price: $375,000
RVA Business Brokers is delighted to bring this incredible opportunity to purchase a commercial preconstruction termite soil treatment company. The Company has developed a deep list of contractors with an 80% repeat customer rate in Richmond and across VA.
Founded in 2004, the Company has grown exponentially from 15% Cash Flow Margin that year to 63% in 2024.
The Company is projected to generate $210,000 in revenue and $133,141 in Seller's Discretionary Earnings, which is a 63% Cash Flow Margin in 2024.
The Company works directly with general contractors and project managers. They come in after the concrete contractor has dug and poured the footers. On average, a treatment takes 2 hours. Larger buildings can require 2-20 treatments.
They have $203,000 in the pipeline. They bid on close to $4,500,000 in projects each year.
The Company also offers warranties, which renew at $175-$5,000 annually. They have $12,000 in warranty renewals incoming.
There is tremendous room for growth within VA. The Seller has considered expanding into other states and has completed several projects in Maryland and DC. This is an ideal business to set up on location and manage contracts and subcontractors in several states.
The sale includes $31,300 in assets, equipment, and vehicles. The Seller is offering a transition period to ensure a smooth handoff.
Don't wait to start the conversation!
RVA Business Brokers is delighted to bring this incredible opportunity to purchase a commercial preconstruction termite soil treatment company. The Company has developed a deep list of contractors with an 80% repeat customer rate in Richmond and across VA.
Founded in 2004, the Company has grown exponentially from 15% Cash Flow Margin that year to 63% in 2024.
The Company is projected to generate $210,000 in revenue and $133,141 in Seller's Discretionary Earnings, which is a 63% Cash Flow Margin in 2024.
The Company works directly with general contractors and project managers. They come in after the concrete contractor has dug and poured the footers. On average, a treatment takes 2 hours. Larger buildings can require 2-20 treatments.
They have $203,000 in the pipeline. They bid on close to $4,500,000 in projects each year.
The Company also offers warranties, which renew at $175-$5,000 annually. They have $12,000 in warranty renewals incoming.
There is tremendous room for growth within VA. The Seller has considered expanding into other states and has completed several projects in Maryland and DC. This is an ideal business to set up on location and manage contracts and subcontractors in several states.
The sale includes $31,300 in assets, equipment, and vehicles. The Seller is offering a transition period to ensure a smooth handoff.
Don't wait to start the conversation!
About the Business
- Years in Operation
- 21
- Number of Employees
- 1
- Facilities & Assets
- Office Facilities with Parking for Trucks
- Market Outlook / Competition
- Their focus shifted to preconstruction commercial termite soil treatments, boasting over 50% net profit margin (cash flow). The Company had a 63% net profit margin (cash flow margin) in 2024.
Commercial preconstruction termite soil treatments make up 98% of the Company?s work. Residential termite control and warranty renewals account for the remaining 2% of revenue.
Customers receive a 1- to 5-year warranty post treatment. Once it expires, the warranty can be extended yearly. The fee ranges from $175 to $5,000. - Opportunities for Growth
- There is tremendous room for growth within VA. The Seller has considered expanding into other states and has completed several projects in Maryland and DC. This is an ideal business to set up on location and manage contracts and subcontractors in several states.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 729
- Rent
- Not Disclosed
- Lease Expiration
- 7/31/2027
About the Sale
- Seller Motivation
- Owner is 72
- Transition Support
- As Negotiated
Listing Info
- ID
- 2331056
- Listing Views
- 1679
Listing ID: 2331056 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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