SeeBITDAOklahoma

Foster Septic Tank Cleaning

Septic Tank and Related Services
  • 2712 W Sheridan Ave, Oklahoma City, OK
  • Since 1937
  • Family-owned, 5th generation
  • NAICS 562991
Company websitefosterseptictank.orgFind on LinkedInSearch LinkedIn for this company
Estimated valueLow confidence
$1.4M
$364Klikely range$2.6M
About 3.2× its yearly profit, typical for a company this size in its industry.
Revenue
$2.7M
a year
Profit (EBITDA)
$426K
16% of revenue
Employees
—
not reported
Leadership
Donnie Watts
Owner (bought Foster Septic Tank Cleaning from her parents i · source · confirmed by 2 sources
Some signs of a sale
  • Twilla Watts
    Owner (bought Foster Septic Tank Cleaning from her parents i · Company website
  • Lon Watts
    Certified Installer; runs operations with Donnie Watts II · Company website

How we got $1.4M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical septic tank and related services business in Oklahoma$2.7M
Revenue$2.7M
× 16% profit margin$426K
× 3.2 sale multiple = value$1.4M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner named
Trucking registration (FMCSA)

Signs of a sale Some signs of a sale

  • In business 89 years (since 1937)
  • Family in the business (Lon Watts, Certified Installer; runs operations with Donnie Watts II)

From public records and the company's website, not a statement that it's for sale.

What they do

Foster Septic Tank Cleaning provides septic system design, installation, inspection, pumping and repair services in Oklahoma City, OK, and says it has been providing septic system services since 1937.

Products & services
Septic System DesignSeptic Tank PumpingSeptic system designingSeptic system installations - both conventional and aerobicSeptic tank inspection - all typesSeptic system repairs - both conventional and aerobicLateral line cleaning
Service area
Oklahoma City
Certifications
Licensed and BondedRated A+ by the BBBCertified Septic System Services

From the company's website. Industry: Septic Tank and Related Services.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Foster Septic Tank Cleaning
this business
$2.7M$426K—
D WATTS & SONS LLC
Oklahoma City · 10 employees
$2.8M$458K0.0 mi
SOONER ROLL-OFF INC
Oklahoma City · 23 employees
$5.6M$816K1.5 mi
NOVA STAR RECYCLING LLC
Oklahoma City · 9 employees
$5.9M$870K1.7 mi
VET'S SEPTIC SERVICE, INC.
Oklahoma City · 11 employees
$3.0M$483K2.3 mi
VETS SEPTIC SERVICE INC
Oklahoma City · 11 employees
$3.0M$483K2.3 mi
STRONGHOLD ENVIRONMENTAL, LLC
Oklahoma City · 4 employees
$1.5M$239K2.3 mi

The full calculation

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

Estimated value = EBITDA × typical sale multiple$1.4M
Multiple for this size and industry3.2×
Value range$364K – $2.6M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Septic Tank and Related Services businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (16%). Treat these as a rough guide.

Revenue range$883K – $4.2M
EBITDA range$142K – $681K
Industry (NAICS)Septic Tank and Related Services (562991)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

History & advisors

Founded 1937 by George and Sadie FosterFamily-owned · 5th generation
“Foster Septic Tank Cleaning was established by George and Sadie Foster in 1937.”

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Public records

DOT motor carrier
USDOT 808418
Trucks (power units)5
Drivers5
Miles (2024)50,000
Registered with DOT1999

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Foster Septic Tank Cleaning

Foster Septic Tank Cleaning is a family-owned septic tank and related services company in Oklahoma City, Oklahoma, in business since 1937. It is owned by Donnie Watts (Owner (bought Foster Septic Tank Cleaning from her parents i). Its estimated annual revenue is about $2.7M, with roughly $426K of EBITDA. Its estimated business value is $1.4M (likely range $364K–$2.6M).

Common questions

Who owns Foster Septic Tank Cleaning?
Foster Septic Tank Cleaning is owned by Donnie Watts (Owner (bought Foster Septic Tank Cleaning from her parents i), according to public sources such as the company's website or filings.
How much revenue does Foster Septic Tank Cleaning make?
SeeBITDA estimates Foster Septic Tank Cleaning's annual revenue at about $2.7M (likely between $883K and $4.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Foster Septic Tank Cleaning worth?
About $1.4M, roughly 3.2× its estimated EBITDA of $426K, typical for a septic tank and related services company its size. Likely range: $364K–$2.6M.
When was Foster Septic Tank Cleaning founded?
Foster Septic Tank Cleaning has been in business since 1937.