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Listed by:

The Firm

Environmental Services For Commercial Clientele For Sale

Washington, US
Asking Price:
$5,100,000
Sales Revenue:
$5,453,564
Cash Flow:
$1,141,799

Passive ownership with 37 skilled employees in Washington! Located in the Seattle, Washington area, these specialists in the environmental industry have earned a 25% profit margin in 2018 and continue to experience year-over-year growth. Asbestos removal (40%), interior demolition (40%), as well as mold and lead remediation (20%) are the main services offered by this company. Commercial clients account for 80% of annual contract revenues, with residential projects producing 20%. Clients include The Federal Government, Washington State Universities and schools, local municipalities, and health care facilities. Day-to-day operations are led by a tenured vice president with management oversight of two administrative assistants, three estimators with project management experience, three operations managers, seven supervisors and the workforce. The owner currently leads in a consultant capacity mentoring and developing leadership staff while also ensuring bonding and insurance.

With a total of 9,300 square feet of space, the headquarters has ample room to further expand operations. The office is 2,800 square feet and features five private offices, a reception area, a large conference room used for meetings, training, and environmental records storage. The warehouse and shop span 6,500 square feet of indoor space allowing for staging, tool and inventory storage, and warehouse management. An expansive paved lot and gravel yard of two acres house all heavy equipment, vehicles, disposal containers, and trailers. Assets comprise all equipment necessary for safe testing, handling, and removal of hazardous materials.

Strong revenue generating initiatives could be achieved by increasing the workforce to take on contracts currently sacrificed, driving growth of the container rental business, and utilizing targeted advertising to generate new contacts.

Property Information

Real Estate:

Lease

Location:

South of Seattle, Washington

Premises Details:

Lease: 9,300 sq. ft.: Office with reception and three private offices, warehouse and storage, 2 acre gravel and paved yard for parking and equipment storage

Business Operation

Expansion Potential:

Build demolition business, positive reputation draws many potential customers

Reasons for selling:

Retirement

Employees:
37: Vice President, 3 estimators/project managers, 3 operations managers, 8 supervisors, 2 shop techs, 2 administrative, truck driver, 15 workers, 2 AHERA building inspectors
Years established:
1988

Other Information

Support & training:

Up to two years

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

Purchase Price: $5,100,000
12.5% Buyer Down Payment: $637,500
12.5% Seller Financing: $637,500
75% Bank Loan: $3,825,000

Related Documents:

Contact The Firm

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