Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Listed by:

Hawaii Business Sales

Environmental Remediation Service Sba Pre Qualified For Sale

Hawaii
Asking Price:
$995,000 (USD) Furniture / Fixtures included
Sales Revenue:
$912,934 (USD)
Cash Flow:
$425,337 (USD)

Diamond Financial has pre-qualified this business for an SBA loan.

This fully licensed building contractor, located on one of Hawaii’s beautiful islands, has become one of the most preferred and largest providers of expert environmental and hazardous removal services to the construction industry in its Hawaii market. They provide expert abatement and removal and remodeling, renovation and restoration services for residential, commercial, industrial and government properties. They are fully licensed, bonded and insured and certified by the State of Hawaii to provide abatement and removal services for a variety of hazardous materials. Their professional staff have the required training and certification to ensure that the removal is conducted according to all state and federal regulations.

They believe they have a share over 50% in their market and this is driven by their superior work, excellent “word-of-mouth” referrals and recommendations from their many satisfied customers.

They sales are exploding; 2018 sales were $912,934, up 64.6% over 2017, which were up 76.2% over 2016. 2018 EBITDA profit margin was 50%. The market is very robust due to the need to remediate a large number of properties built in the 1970’s and 1980’s; and, they have become a preferred contractor in this market.

Key Investment Highlights are:

• Very high market growth due to aging old construction (Hawaii had a residential and commercial building boom in the 1960’s, 70’s and 80’s which now requires hazmat remediation in many cases)
• High moisture levels in Hawaii often result in mold
• High profit margins and growing market share
• Excellent business reputation
• Limited Direct Competition

A Hawaii contractor’s license is required, and the current owner will provide his license for a reasonable period after the sale.

The business is being offered for sale on a fully turnkey basis because the owner is retiring. He will provide a non-compete agreement and training/orientation for the buyer.

Property Information

Location:

Home based
SDE has been adjusted to reflect a buyer will need to lease an operating location.

Premises Details:

Home based

Planning Consent:

None needed

Business Operation

Expansion Potential:

The big growth in Hawaii construction began in the 1970s (hotels, condos, schools, government buildings, utilities, etc.) and now many of these older buildings require remediation and renovation due to asbestos, lead, mold, etc. In addition, there is more of an awareness of the health issues associated with old building materials and mold, etc. and a demand to remediate these. They see significant growth as these older buildings have to be remediated. Many buildings constructed before 1986 have asbestos or other hazardous materials which need to be removed and remediated.

The Company only works on one of the Hawaii Islands and believes that there would be excellent growth opportunity in the other Hawaii islands for their services.

Competition / Market:

Limited direct competition

Reasons for selling:

Retirement

Trading hours:

Five days per week

Employees:
4
Years established:
4

Other Information

Support & training:

2 weeks

Financing available:

Diamond Financial has pre-qualified this business for an SBA loan

Furniture / Fixtures value:
$150,000 (USD) - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Hawaii Business Sales. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here