How much is Roto-Rooter company worth?
Roto-Rooter segment operating results: Revenue of $151 million, an increase of 10.6% Net Income, including special items, of $26.2 million, an increase of 46.9%
Who is Roto-Rooter owned by?
Chemed Corporation
Roto-Rooter
| Type | Subsidiary |
|---|---|
| Headquarters | Cincinnati, Ohio , U.S. |
| Key people | Spencer Lee (CEO) Kevin J. McNamara (CEO & President, Chemed Corporation) Robert Goldschmidt (President) David P. Williams (CFO & Vice-President) |
| Number of employees | 3,600 |
| Parent | Chemed Corporation |
Is Roto-Rooter still around?
Roto-Rooter operates businesses in more than 100 company-owned branch and independent contractor territories and approximately 400 independent franchise operations, serving approximately 90% of the U.S. population and parts of Canada.
Is Roto-Rooter more expensive than other plumbers?
Your plumbing needs will dictate cost, but the average cost for a Roto-Rooter contractor or independently owned business is $160 to $450. This includes drive time for a technician or plumber to come to your home. Unlike many plumbing services, Roto-Rooter charges a flat rate instead of by the hour.
Why is Roto-Rooter so expensive?
The cost of Roto-Rooter services depends on the repair or replacement needed. Pricing may also be impacted by where you live. According to Angie’s List, Roto-Rooter typically charges between $160–$450 for common plumbing issues such as dripping faucets, line repairs, or clogged drains.
Does Roto-Rooter make commission?
You get 20% commission on each job, which is not good at all for a job like this.
What does Roto-Rooter specialize in?
Roto-Rooter, the company that makes more plumbing service calls than all other plumbing companies, repairs more than 75,000 toilets per year.
When did Roto Rooter become a public company?
In 1980, the Blanc family sold Roto-Rooter to Cincinnati-based Chemed Corporation, and Roto-Rooter moved its headquarters to Cincinnati. In 1986, Roto-Rooter was spun off as a public company, with Chemed retaining majority ownership.
How much does a Roto Rooter service cost?
I paid Roto Rooter $482 to remove a clog (main line to septic system). They used a camera to show me a small hole they snaked through the buildup of TP that was causing the issue and said they could do no more for the service.
Where did the Blanc family make the Roto Rooter?
In 1980, the Blanc family sold Roto-Rooter to Chemed Corporation, and Roto-Rooter moved its headquarters to Cincinnati but continued to manufacture the famous Roto-Rooter drain cleaning machines, cables, blades and other parts at its own factory in West Des Moines, Iowa.