Environmental and Remediation Service Firm For Sale

Business description

The March Group currently represents a dynamic and growing environmental and remediation services firm, with a strong focus on landfill construction, groundwater work and environmental excavation services. With a $2.5 million project backlog, the Company is poised to achieve more than $5 million in revenue and $401,000 in EBITDA in FY 2009. Through extensive experience in both hazardous and non-hazardous construction/remediation operations, the Company has developed strong capabilities in the areas of health and safety. A highly talented and experienced staff, including both civil and chemical engineers, and an impressive suite of product and service offerings result in a 75+ percent rate of client retention. Its highly favorable reputation has resulted in large contractors, government, and major counties proactively encouraging the Company to bid on both prime and subcontractor projects. The Company leases its two facilities at fair market rates; the existing facilities are sufficient to support pro forma growth projections. The owners/managers are committed to remaining for an agreeable period following a sale to help realize pro forma objectives.

Property information

Real Estate:

Lease

Premises details:

Operates from two facilities, which are leased at fair market rates. Both facilities are in excellent condition, and both leases are transferable.

Other information

Competition / Market:

The firm attracts and maintains customer accounts primarily through referrals and repeat business. The Company also has a corporate Web site. Growth to date is the result of the creation and maintenance of excellent relationships with numerous companies in a variety of industries throughout its geographic markets. Furthermore, the owners have been instrumental in building the Company’s account base and financial strength through their collective industry experience and product knowledge. The owners are proud to have built a company with healthy customer diversity, a firm commitment to customer satisfaction, a first-rate management staff and employee base, and a favorable reputation in its markets. Company management is aware that its high level of service plays a key role in attracting new accounts, as well as in preserving and growing existing accounts.

Support & training:

The owners are amenable to remaining with new management during a transition period.

Reasons for selling:

Operates from two facilities, which are leased at fair market rates. Both facilities are in excellent condition, and both leases are transferable.