11 - Buy a Septic Business & Make $3m ARR
Would you ever consider acquiring a septic pumping company?
Because maybe you should.
After my conversation with Dan Spracklin, I literally went to BizBuySell and started searching for septic businesses for sale.
This conversation with Dan was an education, but I want to call out a few of my favorite takeaways for you to listen for.
First, how acquisition was a way into an industry that Dan himself would otherwise recommend people not start a business in.
So acquire a business — a septic pumping company? Yes. Start one from scratch? No.
Second, how much and how quickly Dan and his wife grew revenue at the company they acquired.
So if their experience is any proxy for the opportunity to acquire a mom-and-pop septic pumping company, it's a very enticing prospect.
And then lastly, we start talking toward the end of the episode about the path that Dan is on now.
He's still operating the septic pumping company, of course, but he's also investing a lot of his time and resources in a new process to treat sewage.
So he's kind of emerged as a pioneer in sewage treatment.
So it's a very interesting story, an interesting guy and conversation.
Here he is, Dan Spracklin.