Environmental Services ( Asbestos Removal ) Business-Price Reduced !

Boyd County, KY

Seller Financing Available

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Sale Pending
Asking Price:$350,000
Gross Revenue:$1,743,000
FF&E:$75,000
Cash Flow:$175,000
Inventory:$20,000
Established Year:1984
BUSINESS DESCRIPTION

This is a great opportunity to acquire a long established ( 40 years ) business in the environmental services sector . This business is a “nested contractor” with a major petroleum conglomerate and provides services to several divisions of that conglomerate . The owner is semi-absentee and generally only is involved in administrative matters. There is a key management employee and retaining that individual will be very important . There are 14 full time employees that a members of either the local Insulators or Asbestos Workers Unions . Recently the business took over certain air and other monitoring services from another business and that is expected to add approximately $300,000 in annual revenue . The owner is ready to retire hence the reason for selling .


DETAILED INFORMATION
Location
Boyd County, KY
Inventory
Included in asking price
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Willing to finance $250,000 through a royalty of 5% of revenue until $250,000 is reac
Support & Training
Reasonable transition assistance
Reason for Selling
Retirement
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Mark
Sievers
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Mark Sievers