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Service based business with over $4,000,000 in assets and 90+ employees! The team of well-trained specialists provide exceptional asbestos abatement, lead and mold remediation services to industrial (<5%), commercial (90%) and home owners (<10%) alike. With most projects one to two weeks in duration, this company completes 800 jobs per year. Annually, there are typically one or two very large projects that bring in over 10% of income, but the projects and customers vary from year-to-year. Leveraging their $4,170,000 in assets as well as their team of 75 union workers, this company is efficient, driven, and well-respected for their industry knowledge. They are often called upon to successfully complete projects that others consider exceedingly technical, challenging, or too large.
Located in a large facility, the warehouse has storage space for all equipment and inventory, while the office can house the 17-member administrative team comfortably. This location will be for sale outside the sale of the business.
The owners are currently the visionaries who construct a positive and results-driven corporate culture. They are less involved in the day-to-day operations, rather lending their skills to business analysis, financial management, and process improvement.
Real Property Included
Large facility with 25% allocated to office space and 75% warehouse with loading dock, additional storage on-site - The building will be available for sale outside the sale of the business.
Grow industrial market, expand into fire and water restoration and explore emergency management
Focus on non-competing ventures
Monday - Friday 8-4
90 days transition
Purchase Price: $4,400,000
15% Buyer Down Payment: $660,000
20% Seller Financing: $880,000
65% Bank Loan: $2,860,000
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