Should I buy an existing pest control company or start one?
Buying gets you a route book, trained technicians and commercial accounts on day one. Starting gets you a clean slate and no goodwill to pay for, but a long climb to steady recurring work. Which suits you depends on your time, your capital and how much of the trade you already know.
Pest control rewards patience. Customers who book again, season after season, matter to either route. A start-up has to earn every one of them. A purchase hands you many of them at once, along with habits and problems you did not choose. Before you decide, think about how long you can wait for recurring work to build, and how much of the day-to-day you want to learn from scratch.
The route book takes time to build
Recurring residential and commercial visits are what make a pest control company steady, and they accumulate slowly. A new company usually lives on one-off calls at first, which are lumpy and seasonal. An existing company comes with scheduled visits already on the calendar. Ask any seller how much of the work repeats and how long those customers have stayed.
Commercial accounts are hard to win cold
Restaurants, property managers and food handlers often prefer a provider with a record and the paperwork to prove it. A newcomer may wait a long time to be considered. A buyer inherits those relationships, though only if the clients stay after the sale. Talk to the seller about how introductions will be handled.
Technicians, vehicles and what you inherit
Starting means hiring and training people and equipping vehicles before the revenue arrives. Buying means paying for goodwill and accepting the existing crew, equipment and ways of working. This guide to buying a pest control company in Canada sets out the steps. Your lawyer and accountant can advise on structure and licensing.
Related reading
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Buying
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Due diligence
Financing
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 02Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 03Business Development Bank of CanadaGovernmentWorking with a broker to find a business to buy
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