Business Overview:
The company was established in California in 1985 and since then has added locations in Northern and Southern California. The company is a full service environmental remediation company and considered a leader in the performance of asbestos and lead abatement, material and hazardous waste cleanup, hazardous materials and waste transportation, chemical identification and packaging, site remediation and cleanup and site investigation and remedial actions. The company operates in the western region of the United States. Its customer base includes Federal and State governments, public entities, schools and private sector companies. The annual rate of business from return customers is estimated to be 70% to 80%. Its largest customer/job in any one year is approximately 7% however that main customer will not be the same year to year. The management team and the majority of employees are long term and are expected to remain with the new owners.
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Property Features and Assets:
The company operates several branches in California and is licensed in Arizona, Colorado, Nevada, Oregon and Washington.
Market Competition and Expansion:
Already in growth mode with footprints across California. Implementation of a dedicated sales and marketing staff could expedite expansion to other regions of US.
There are a large number of competitors in the markets it serves but the company is well established in its niche. It is well positioned in that it competes in all phases of environmental solutions. As the industry ebbs and flows from niche to niche the company can comfortably reposition its focus in a relatively short time frame.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.