Niche Environmental Business

MO, US

Services

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Asking Price:$3,000,000 Revenue:$6,185,247 Cash Flow:$829,239 Founded:1998
PP&E:$2,270,100 Inventory:$0
Description:

The Company is a multi-faceted environmental business whose services include testing, mitigation, remediation and removal. Specialties include dust, asbestos, lead and petroleum. An Emergency Hazmat Response team is ready for the most urgent clean-up needs and to assist in returning operations to normal. On-site services include industrial cleaning, site remediation including soil and ground water remediation along with Phase I & II Environmental Assessments. Businesses that generate waste know that disposal time is of the essence, with strict regulations requiring rapid removal, therefore the Company has become a reliable resource providing transportation and removal of waste to the properly licensed and/or accredited recycling or disposal site.
The Company also offers training in Safety and Compliance and can assist in Regulatory Compliance.

Reason for Selling:

The Seller believes this business has a tremendous upside potential which would require additional capital. At this stage of their life and career, the Seller is not willing to incur the debt necessary to fund the growth.

Facilities/Assets Overview:

The Company operates from three locations in the center of the continental US. Their service area does not include the east or west coast. The home office Real Estate consists of approximately 20 acres of land and includes a 3,500 square foot metal building plus shop area. It is available for purchase at $485,000.

Financing:

$400k down/$290k for 120 mos. @ 8%/Other Financing.

Competition:

There are few competitors in this highly regulated and compliance driven industry.

Growth Opportunity:

Additional assets would be necessary to achieve expansion and capitalize on the demand potential that exceeds the Company's current capacity.

Ongoing-support:

8 week(s) of training available

Reference Number:

14764

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Scott
Listed by Scott

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