Long established pest management company with a focus on commercial and municipal mosquito abatement products distribution, sales and service. Known as the regional experts, business continues to grow without a sales force or any advertising. Lots of potential to grow through through additional sales or adding to an existing product line servicing similar customers. When West Nile was prevalent, this company exploded. Now with Zeka, they may see the same resurgence.
The company also does vegetation management for several long term clients. This has huge growth as well. Time and labor restrictions have limited growth in this very popular segment with virtually no competition.
Also, included is a proprietary pesticide formulation that the company manufactures and distributes.
The company is multi faceted and has 3 different revenue sources, each standing on its own but together form a good synergy for the current ownership.
Health issues are the motivation behind the sale and the business is priced accordingly at a about 1x EBITDA. Located in a 5,000 sq ft building with an option to purchase. Owner will stay on through an agreed upon transition period.
Asking Price $499,000
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