Fast Growing Innovative Sewer & Drain Business
Asking Price: | $1,895,000 |
Gross Revenue: | $3,280,000 |
Cash Flow: | $750,000 |
FF&E: | $925,000 |
We're pleased to offer this premier provider of sewer and drain services specializing in CIPP (cured-in-place-pipe and pipe lining). Established in 2019, this fast growing company specializes in advanced sewer repairs, maintenance, and installation services that include innovative, less invasive technologies like Spraypoxy pipe coating and trenchless excavation. This technology allows the company to perform work faster, with minimal disruption and reduced need for digging, offering a significant cost and speed advantage.
The business is highly operationalized with detailed standard operating procedures (SOPs) and is managed by competent leaders who oversee daily operations. The owners have focused on creating a robust marketing system that effectively drives new business, particularly highlighting their recent addition of drain cleaning services, which has quickly become a new source of leads and revenue.
Located in a region with high demand for sewer services, they have carved out a niche by providing high-quality, durable solutions backed by a 45-year warranty, positioning them as a trusted provider in both residential and commercial markets. Their service area extends throughout the greater Portland area, down I5 and into Vancouver, WA.
With 10 employees and 2 leaders, the current owner’s primary role is in sales. Owners are motivated to sell due to family obligations that necessitate a cross-country move.
License requirements are minimal, broadening the potential buyer pool.
Since its inception, the company has shown remarkable growth slowing intentionally, only briefly, in order to staff up to fill demand. The business is positioned for continued substantial growth.
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