Industry Analysis & Industry Trends
Sinking in
Demand for septic, drain and sewer cleaning services will remain stable over the next five years, since the services are always needed. The industry derives a significant proportion of its revenue from state and local governments, so modest investment growth will support demand. Nevertheless, an increase in regulations will cause disposal costs to rise, hampering profitability.... purchase to read more
Industry Report - Starting a New Business Chapter
There are no specific barriers to entry for new competitors in this industry, other than state-based contractor licensing. However, new entrants find it difficult to establish a foothold in the market due to their lack of reputation and proven performance.
Initial capital start-up costs are relatively low for septic system pumping, drain cleaning and sewer rodding services, since equipment can be leased. Many small established operators already exist in this industry. Rural areas with new housing developments may provide new markets for these septic system services, while operators in more developed and urban areas typically seek out contracted work from public agencies and commercial operators... purchase to read more