The company provides emergency and disaster response, industrial cleaning, waste transportation and disposal, remediation services, and non-emergency environmental product sales.
Key Aspects:
· One of only two companies in the area vetted to clean industrial terminal tanks on a time & material basis for recurring client service contracts
· Approximately 150 Master Service Agreements (MSAs) in place
· Long-term contracts in place with several top clients for recurring environmental cleaning and response services, especially for soil remediation engagements
· 24/7 emergency availability for regional incidents with a 120-minute maximum response time
· Extensive transportation fleet, including nine power units, pulling 130bbl vacuum trailers and double rail roll-offs, and three 70bbl vacuum trucks
Opportunities:
· Recent changes in plastic resin cleanup laws place the company in an advantageous position for long-term, high-value contracts.
· Strategic capital expenditure to reduce equipment lease expenses and subcontract labor.
· Advance geographic expansion throughout the United States with the growing marketplace.
· Development of environmental products e-commerce component on company website.
Headquartered:
· Gulf Coast Region
Current Markets:
· The company serves industrial terminals, petrochemical plants, oil refineries, pipeline operators, maritime enterprises, and municipal agencies.
Real Estate
· The company operates from a 3,500 square-foot facility on a 3-acre yard and an additional 1,000 square-foot facility on a 1-acre yard in the Gulf Coast region. Both are leased from unrelated third parties, which are assumable by new ownership.
Shareholder Objectives:
· The sole owner is seeking an acquirer to assist in the future growth of the company with a long-term exit in mind. Ownership would like to remain with the company post-sale and is open to various deal structures to facilitate a transaction.
