Asbestos Abatement Company For Sale

Not Disclosed, PA
Bucks County

Asking Price: Annual Revenue:
$497,000 $1,660,510

Services: Construction, Contractors

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RE: Asbestos Abatement Company For Sale Broker: John Geaneotes

Quick Facts

Asking Price: $497,000
Annual Revenue: $1,660,510
Net Profit: Not Disclosed
Cash Flow: $270,911
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 880926891
Broker Reference #: Not Disclosed

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Business Overview:

The company provides services related to asbestos and mold remediation as well as small project demolition. Established in 1995, the company has developed an excellent reputation with a repeat customer base by providing the safe removal of hazardous material encountered during renovation and demolition projects. This work can only be performed by a licensed contractor with experience and licensed employees.

The company holds asbestos licensing in Philadelphia, Pennsylvania, New Jersey and has a union workforce which allows the company to bid on select projects that others may not be qualified to perform. The company is one of few pre-qualified contractors for some of the area’s most sought-after clients.

Typical Customers: The company serves the area’s major hospitals, schools, universities and works with construction companies.

Owners Role: The owner provides estimates and project management spending (40-45) hours per week in the business. The owner is willing to train for a negotiated time frame.

Employee Summary: (1) Office Manager; (3) Supervisor Foremen; (1) Assistant Estimator: (10-12) Laborers.

Competition and Competitive Advantage: Presently, there are 5 known union abatement firms in Philadelphia, making the overall direct competitor pool small for projects requiring union labor/prevailing wage. The company has superior customer service, and the company has a core list of clients they work with exclusively. The company does not advertise.

Growth Opportunity:
*Expand into new markets such as residential and restoration,
*Establish an online presence (website and digital marketing),

Facility: 5,000 square feet facility is rented month-to-month.

Equipment and inventory: $50,000 equipment value and $40,000 of inventory are included in the sale.

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Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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