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Should Heather clean septic systems in Montana and why is the answer no? - Acquisitions Anonymous 256
Dec 22, 2023
Michael Girdley and Heather Endresen discuss the potential acquisition of a septic services company in Montana. They analyze the company's market leader status and high demand for septic services, but acknowledge the limited buyer pool for such a niche business. The podcast also covers topics like gut biome and its impact on health, the influence of food choices on obesity, and the profitability of businesses in Montana.
24:42
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Quick takeaways
- The septic services company in Montana offers a range of services, including septic tank-related work, drain sewer septic line cleaning, portable toilets for events, and support for wildland fire crews, making it a potentially stable and profitable business.
- The septic services market in Montana is dominated by another company, A1 Sanitation, suggesting potential acquisition or customer transition opportunities, while also highlighting the limited growth potential due to the small market size and established competition.
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Overview of the Deal
The podcast episode discusses a deal for a septic pumping system company in Whitefish, Montana. The business was listed for $3 million. The episode points out both positive and negative aspects of the deal. It mentions that the company offers services such as septic tank locating and pumping, drain sewer septic line cleaning, portable toilets for events, and support for wildland fire crews. The business has been established for over 25 years and is considered a market leader in the area. The episode highlights the potential stability and profitability of the business, given the consistent demand for its services.
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