Environmental Services ( Asbestos Removal ) Business-Price Reduced !
Asking Price: | $350,000 |
Gross Revenue: | $1,743,000 |
FF&E: | $75,000 |
Cash Flow: | $175,000 |
Inventory: | $20,000 |
Established Year: | 1984 |
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 .