This business offers vital services, including inspection and
sampling of air monitoring, water & mold sampling, and air &
lead inspections. They serve banks, school districts,
municipalities, and come corporate clients. Their location
includes an office, 7 total storage facilities, an equipment
shed, and covered parking area (all at the same location).
Included in the sale is over $180,000 in assets, including
several trucks, trailers, and XRF analyzer, and AR, which
makes this bank loan over 50% collateralized. With over 40
years of experience, this business completes work in three
states – Arkansas, Mississippi, and 90% in Louisiana. The
staff consists of 2 full time employees, an admin, and
subcontracted crews. The reason for the sale is because the
owner was given a cancer diagnosis (now in remission),
however, she is willing to train and transition a new owner for
6 months to 1 year, as well as carry 10% of the list price in a
note! While the seller does assist with bidding, the employees
on staff are trained to do so as well and can absorb this
responsibility with ease.
At a price of $680,000, and a down payment of $68,000, a
buyer would expect to see a return of $104,728 in the first
year after debt payments!
- Asking Price:
- $680,000 Furniture / Fixtures included
- Sales Revenue:
- $677,173
- Cash Flow:
- $206,395
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Growth Opportunities: The business is not being pushed in any
way in regard to making sales, getting the name out there, etc.
- Reasons for selling:
-
In remission from cancer
- Employees:
- 3
- Years established:
- 40+ years
Other Information
- Support & training:
-
6 months – 1 year, negotiable depending
on the needs of the buyer
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
10% Seller Financing $68,000
- Furniture / Fixtures value:
- $181,506 - included in the asking price
- Relocatable:
- This business can be relocated
