Listing ID: CVT 09282018

Location: Whitecourt, Alberta

Business Advisor: Neil Gerritsen
(Contact Mr. Gerritsen)

Direct: 780-919-1107

Business Type

Vacuum Truck and Septic Tank Service Company

 

Business Overview

This highly diversified Vacuum Truck company has been in business for more than three decades, offering a variety of services. The company employs environmentally friendly techniques when cleaning up oil spills, washing and sucking up various waste material, or cleaning bins and hoses. This business has equipment suitable to perform various tasks including pumping, cleaning, and emergency services, all related to sewer, and septic tanks for commercial and residential applications. Septic tank cleaning also includes servicing and sales of septic tank pumps in various sizes.

Why This Business

  • Well established, profitable business, fully licensed
  • Equipment included in the sale is consistently maintained
  • Excellent opportunity for an entrepreneur to add on to an existing company or as a stand-alone
    business
  • Fully trained service technicians willing to engage with a new owner
  • Extensive client list
  • Excellent location, close to oil field related industries, acreages, and fully developed commercial
    venues
  • Plenty of opportunity for growth by adding additional services and products

Are the current owners the founders? Yes
Owner Support/Training: Vendor is willing to negotiate a suitable training period.
Reason for Sale: Owner would like to retire

Business Premises and Location

Does the Vendor own the premises? Yes
Is the premises part of this sale? No, the building and property may be purchased directly from the vendor.

What is the cost of the lease? To be negotiated.

Documents Available For Review (Subject to Offer)

Business Sales Memorandum, Financial Statements, Equipment List

Operational Summary

Snapshot

Annual Revenue: $1,035,558 (3 yrs. avg.)

Discretionary Earnings: $ 115,906. (3 yrs. avg.)

Assets: $ TBD

Information

  • Year Established – 1982

  • # of Employees – 5 full time

  • Asking Price -$670,000.00

  • Seller Financing – Not applicable

  • Inventory – Not applicable

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