Pest Management Professional, September 2013
ADVERTORIAL Fred Murray Senior Director of Mergers and Acquisitions Is it the right time for you to sell to Terminix Here are a few ways to prepare Expanding your opportunities S elling your business to Terminix has endless opportunities Here is how one seller has developed a lasting relationship with us S The decision to sell Antimite was not easy however Terminix worked with us to alleviate our many concerns Everyone on the Terminix team worked diligently to guide us through the transaction I dont think in my 40 years of business I have had the pleasure of working with a better group of individuals Terminix gave us every consideration and has stuck by the promises made They understood the importance of our brand name and today continue to operate under the Antimite name Terminix has shown sincere interest and an all around great attitude toward my employees and me Since the acquisition my relationship with Terminix has grown and I am very pleased with our decision Lee D Blevins Antimite Terminix is looking for top notch companies to join our family With our vast experience in acquiring pest control companies we promise a fair value and a smooth transition If youre ready to sell or if you have questions regarding the process give Terminix a call for a private discussion Your retirement your business your customers your people weve got you covered elling a business can be time consuming and complicated However there are certain steps you can take to speed up and even simplify the process t Detail revenue and customers for the past three years by service line pest termite other and by type recurring versus one time t Organize customer files by service line and sort by active and inactive t Calculate annual retention rates of your customers for each service line t Verify average customer pricing by service line and frequency t Understand your outstanding loans or credit lines and what assets are pledged as collateral t Determine the customer reports that can be produced and exported from your system t Ensure that all taxes are current and appropriate returns filed t Settle any pending claims against your business t Ensure that all appropriate licenses and permits are in place For confidential inquiries contact Fred Murray at 1 855 864 5685 or fmurray@ terminix com M12 September 2013 Pest Management Professional www mypmp net
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