Exciting opportunity for either an owner operator or for a semi-absentee owner. This is an opportunity to acquire a green business in the pure water industry. Plastic bottles take huge resources to make and are filling up our waste disposal facilities. Cities are considering banning them. Water standards may not even be as strict as for tap water. The solution is Bottle-less Water Systems. This rental and service business has operated for over 15 years providing pure water cost effectively to businesses in Northern California. Remote ownership has hindered the potential growth of this operation which is now being offered at an attractive price.
As an owner operator, your Seller’s Discretionary Earnings were $153,599 for 2011; that’s income annually derived from rental, sales, installation and service contracts. The more attractive option is for the owner to retain the current technician and execute a concerted marketing and advertising plan to grow the business throughout northern CA and beyond. The Net Income for 2011 was $86,125 for this business structure.
Customers are mid to larger companies with employees who demand purified water. Changing to bottle-less water coolers will save them over 40% on a monthly basis and provide cleaner, purified water. Existing service contracts run from 6 mo. to 3 years out and most customers maintain mo. to mo. after that. Some clients have been with them since the beginning, using bottless-water coolers. Clients have no direct contact with the corporate owner, only the technician who provides sales, filter service and general upkeep several times a year making the sale transition seamless .
The growth potential for a new owner is indefinable and for the right buyer, an additional major urban territory is available.
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