Environmental Remediation Services-Asbestos & Fire

Not Disclosed, NY
Hamilton County

Lower Hudson Valley


Asking Price: Annual Revenue:
$950,000 $4,925,938

Services: Non-classifiable


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RE: Environmental Remediation Services-Asbestos & Fire Broker: Seller of Business
Owner Financing is Available!
Purchase Price: $950,000 12.5% Buyer Down Payment: $118,750 12.5% Seller Financing: $118,750 75% Bank Loan: $712,500 A 12.5% down payment of $118,750 returns $187,188 in the first year after debt payments!

Quick Facts

Asking Price: $950,000
Annual Revenue: $4,925,938
Net Profit: Not Disclosed
Cash Flow: $308,677
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 14
BBN Listing #: 95134398
Broker Reference #: AGE005

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Business Overview:

Providing expert environmental remediation services, including asbestos removal, demolition and fireproofing is the specialty of this certified minority business enterprise located in the Lower Hudson Valley of New York. Services in addition to asbestos removal (60%) include lead remediation, interior and structural demolition (20%), and spray-on fireproofing (20%). Most business is accomplished in Upstate New York (85%), with the remaining work completed in the New York City area. Customers include government organizations, state agencies, general contractors, construction managers, property managers, and property owners. Project timelines are from a few weeks to a several months long and most contract (85%) are earned through a request for proposal process. Opportunities are plentiful for growth in the New York City Area as well as widening the service area to include New Jersey, Pennsylvania, or additional regions of New York.

The company operates from a small office and warehouse space. Purchasing and storing large amounts of equipment is not necessary as this business rents any large items needed to complete projects and houses very few assets on site. All inventory and materials are ordered by project and may be briefly stored by this business or drop-shipped to the work site.

Nearly 95% of all work is completed in-house by a team of five to twenty-five floating laborers. Rarely subcontractors are utilized for large projects or those at long distances. Supporting this team are two supervisors, one accountant, and one team assistant.

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Property Features and Assets:

Operations will soon be condensed into one location with an office space and large warehouse

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.

Documents:

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