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Profitable Demolition, Dismantling, Salvage And Recycling! (37953) For Sale

Massachusetts, US
Asking Price:
$14,995,000 Furniture / Fixtures included
Sales Revenue:
$39,000,000
Cash Flow:
$5,400,000

This Massachusetts-based business has a rich history, of almost 40 years, in serving the New England market for demolition, dismantling, asbestos and hazardous materials abatement, salvage and recycling spheres.

A seasoned team with hundreds of years of combined corporate experience stand ready and capable of addressing any demolition need. Clients include electric and gas utilities, major oil companies as well as private and municipal storage tank and facility owners of every type, hospitals, educational facilities from elementary through college, military and defence contractors, developers, municipalities, manufacturing and industrial.

We provide competitive, comprehensive solutions for the varied needs of all market segments. 85 to 110 union and non-union personnel are typically employed to handle 8 to 12 individual projects at a time with durations of 1 to 9 months.

The company strives to remain a leader in the demolition industry by embracing a culture of innovation, safety, integrity, and respect for our employees, clients, and the environment. A state-of-the-art fleet of modern excavators demonstrates the company's reliance on mechanization versus manpower in completing work safely, efficiently, and profitably.

The April fiscal year-end Revenues reached $39MM with Discretionary Earnings of $5.4MM!

The company operates out of an office one mile from its prime location of 60 acres where the recycling functions are handled. This successful business has an excellent foundation for further growth if desired.

Contact IAG M&A Advisors today for more information!

Property Information

Real Estate:

Lease

Premises Details:

Listing includes Receivables of $5,472,312 (with Payables at $1,623,361) plus Advances & Excess Billing up to $713,242.

Size in square feet:
60 acres of operations.

Business Operation

Reasons for selling:

Age for retirement.

Trading hours:

Monday to Friday 8AM - 5PM.

Employees:
85 to 110 union & nonunion.
Years established:
1985

Other Information

Support & training:

Standard transitioning.

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

Standard SBA-term financing will be negotiable for qualified buyers.

Furniture / Fixtures value:
$9,500,000 - included in the asking price