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Risk Management And Recall Services Consulting Firm Bn000047320 For Sale

Illinois, US
Asking Price:
Undisclosed
Sales Revenue:
$20,863,000
Cash Flow:
$4,472,000

The company is a leading consulting firm, specializing in a comprehensive range of services centered on quality assurance, product recalls, and crisis management. The company provides solutions that support all areas of the product’s life cycle, offering customized project management from design through presentation of final results. The offering consist of three entities specializing in customized consulting and support services based on the clients' needs.

Key Aspects
• Highly skilled team of personnel with extensive expertise in crisis management and regulatory compliance to effectively execute all aspects of a products, crisis, or business interruption
• The company has several effective strategies for mitigating risk before, during, or after a crisis
• Proprietary software and smartphone applications integrated with operations systems which specialize in managing field personnel and supply chain activities engaged in product recalls, quality assurance, and marketing investigations
• The company conducts rigorous product analytical testing and retail level product assessments to identify safety concerns, and limit current and future liability

Opportunities
• Expansion into previously established geographic regions by leveraging current capabilities and capitalizing on the global demand for international quality assurance and crisis management services
• Develop new service offerings to expand into new markets, such as hard goods, government taxation of tobacco and liquor, and cannabis
• Vertically integrate services, such as storage services pending product disposition, product inspections and remediation and defective product disposal, further increasing top and bottom line
• Pursue contracts with government agencies responsible for consumer protection and safety, leveraging the company’s regulatory compliance expertise previously established

Headquartered
• Midwest United States

Current Markets
• The company serves clients in the food & beverage, consumer products, alcohol & tobacco, and insurance industries in the Americas.

Real Estate
• The company operates out of two facilities, the headquarters (50,000 sq. ft.) for one entity in the Midwest United States and an office (1,156 sq. ft.) for a second entity in the Western United States. Both facilities are leased from unrelated third parties.

Shareholder Objectives
• The offering is comprised of three entities, which are independently owned by two related shareholders. Both owners are seeking retirement and are in agreement with the sale of the companies. The owners are open to various deal structures.

Property Information

Real Estate:

Lease

Other Information

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