NEW PRICE - Environment Company--Phase 1 Studies

Albuquerque, NM
Bernalillo County


Asking Price: Annual Revenue:
$449,000 $310,000

Services: Professional


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RE: NEW PRICE - Environment Company--Phase 1 Studies Broker: Jeannie Randolph
License #: 50185

Quick Facts

Asking Price: $449,000
Annual Revenue: $310,000
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1993
Employees: 1
BBN Listing #: 684854921
Broker Reference #: B17.011

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Business Overview:

This 25 year old environmental study company has a sterling reputation, rock solid clientele, and an ironclad product that keeps seller busy throughout the year. Company conducts Phase 1 environment studies for banks, real estate brokers, institutional investors,developers, non-profit organizations, government entities, and individuals looking to assess the environmental health of commercial property.

Phase 1 environmental studies are researched and reports written based on ASTM International standards. Company conducts studies throughout New Mexico, with the vast majority of work being done in the Albuquerque and Santa Fe corridor.

No special license or certification is needed to conduct Phase 1 environmental studies, but the perfect buyer would have a BA/BS in a technical field such as Earth sciences or engineering. Seller describes this business as "a simple business" but the buyer must be able to "research, think and write" in order to effectively assess the property, history, and potential environmental issues and communicate those in writing.

There is a huge opportunity to expand the business by adding an additional employee in the current market area or expanding coverage in other parts of the state. A technology savvy buyer who understands advertising and marketing on social media, has the ability to network in the community, and communicate to clients through newsletters and emails will be able to expand the business and acquire new clients.

Buyer to complete a Confidentiality Agreement and Buyer Profile Sheet.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The current owner operates this business from his home and has for over 25 years. A new owner with expansion goals would most likely lease a small office and be able to management additional employees.

Market Competition and Expansion:

Since the current owner mostly does business in Albuquerque and Santa Fe, the southern half of New Mexico is an untapped market. A new owner with expansion goals should look to actively market and advertising the company's services in this area.

Reason for Selling:

Retiring

Additional Details:

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

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