Profitable Chemical Free, Thermal Pest Extermination Business

SBA Pre-Approved | Strong Revenue Growth & Profits | No Lease Required

HPBS SB812 Image 3

Specifications

 Price:
$514,780
Revenue:
$633,489 (2022 TTM)
Cash Flow:
$250,143 (3 yr. avg)
Location:
San Francisco Bay Area
Profit Margin:
39%
 Y.O.Y. Revenue Growth:
22%
 Employees:
2
Full Time
Reason for Sale:
The Sellers are Focused on Next Venture
Review Quality:
Yelp: 5 stars (38 Reviews) Google: 5 stars (60 Reviews)
Year Established:  2019
Services:  Bed Bug Extermination. Direct-to-client and subcontracted work.
FF&E Highlights:  Over $130K in Furniture, Fixtures, & equipment, including four vehicles
Inventory: Nominal inventory requirements; inventory included in purchase price
Customers:  Residential with some commercial (e.g. hospitality / property management)
Personnel:  2 full time employees
Facility
& Lease: 
None required, operate from home office. Buyer should have ample garage space for equipment storage; employees can park existing vehicles at their respective homes
Geographic markets: Greater San Francisco Bay Area
Licensing Requirement: Branch 2 Operator License – California Structural Pest Control Board

Value Proposition

  • Strong Revenue growth of 22% YOY
  • Declining SDE strictly a result of new staffing for growth
  • Total FF&E value $136K
  • Inventory included in purchase price
  • No office space required, can operate virtually
  • Approaching perfect reviews on Yelp, Google, others
  • New approach to solving old problem, effective results
  • Competitive differentiation
  • Significant room for growth and expansion
SB812 Profit Margin Chart 2023 01 24

Revenue Breakdown

SB812 Sales Cashflow Chart 2023 01 24

Financial Highlights

  • Listing Price: $514,780
  • Weighted Average SDE: $225,847
  • 2022 Gross Revenues: $633,489
  • FF&E (including 2 vehicles) included in purchase price
  • Dedicated sales resources added to foster strong growth and expansion
  • Temporary SDE decline related to infrastructure staffing to foster growth
  • Turnkey equipment included in sale
  • Seller willing to train and provide transition support

Cashflow Analysis

SB7812Financial Table 2023 01 24