Active
Insect & Rodent Pest Control Company based in SoCal (4005)
Highly reputed pest control company serving the local desert community of Southern California. Established in 2019, the company specializes in insect and rodent preventive treatments, trapping, and eradication. Their primary offering is a recurring monthly general pest service, which makes up 88% of Revenue.
Investment Highlights:
• 2023: $332,000; $144K Adjusted EBITDA.
• About $30K monthly Recurring Revenue from route.
• 97% Customer Retention Ratio.
• 53% of customers have been with the company 3+ years
• Average customer contract is 2 years.
• Fully tech-enabled service and route management.
• Seasonality: The business gets new subscribers for pest control services in the summer and sees rodent service demand in the winter.
• Local market has a high level of vacation rentals and a military.
base that fuel demand for pest control services.
• Opportunities for growth include entering termite work. The company currently receives numerous inbound calls for the service but are not currently licensed in this specialty.
Listing includes Equipment & Vehicles of 3 trucks + 1 trailer.
Listed By: Nadia Heller Chu
Background information
Seller Number:
4005
Year established:
2019
Reason selling:
Approaching retirement and/or pursuing other interests.
Finance
Sales:
$332,000
Profits:
$230,840
Profit type:
EBITDA
Operations
Employees:
3 nonunion.
Equipment:
Included.
Inventory:
N/A
Premises
Facility:
Leased.
Square footage:
N/A.
Opportunities
Market:
Referral Sources.
Price and terms
Price:
$879,000
Financing:
Standard SBA-term financing will be negotiable for qualified buyers.
Owner Transition:
Standard.