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Listed by:

The Firm

Lead, Mold & Asbestos Removal -commercial Client Base For Sale

Illinois
Asking Price:
$4,400,000 (USD)
Sales Revenue:
$17,952,476 (USD)
Cash Flow:
$1,058,690 (USD)

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.

Property information

Real Estate:

Real Property Included

Location:

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.

Business Operation

Expansion Potential:

Grow industrial market, expand into fire and water restoration and explore emergency management

Reasons for selling:

Focus on non-competing ventures

Trading hours:

Monday - Friday 8-4

Employees:
90+: 17 Administrative, 75 union employees in the field
Years established:
1980's

Other Information

Support & training:

90 days transition

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Purchase Price: $4,400,000
15% Buyer Down Payment: $660,000
20% Seller Financing: $880,000
65% Bank Loan: $2,860,000

Furniture / Fixtures value:
$700,000 (USD)
Related Documents:

Contact Information

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