Business For Sale

Services: Professional


Environmental Consulting Firm & ISO Certified Lab

Pikeville, KY

Asking Price: Annual Revenue:
$5,000,000 $3,800,000

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RE: Environmental Consulting Firm & ISO Certified Lab Broker: Jim Patton
Owner Financing is Available!

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Quick Facts

Asking Price: $5,000,000
Annual Revenue: $3,800,000
Net Profit: $500,000
Cash Flow: $700,000
Total Debt: $125,000
FF&E: $1,200,000
Real Estate: Not Disclosed
Year Established: 1988
Employees: 19
Listing Number: 136436299

Business Overview:

The company founded January 1, 1988 by the owner has become one of the top market share holders in the region. What makes the firm unique is the combination of an environmental consulting/remediation firm with an ISO 17025 certified laboratory. When most firms are waiting for analysis this firm is disposing or treating contaminants. The synergistic effect of multi-discipline revenue streams have yielded double digit profits in a depressed economy. The company provides services in the fields of Underground storage tank removal and site remediation, oil and gas well site remediation, land farming, coal mine drainage monitoring and treatment, indoor air quality, mold abatement, asbestos abatement, asbestos training, OSHA training, emergency response, HAZMAT remediation, Professional Engineering and Geology, water recovery and earthwork.

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Property Features and Assets:

The company is located in a 6000 sqft two story brick building with a large lot for equipment storage which is fenced in and secured by 24hr monitoring. The laboratory is located inside the building. The Underground Storage Tank Remediation Division employees work from their homes in the western part of the state.

Market Competition and Expansion:

The company is celebrating our 25th year in business and we currently have over 12,000,000 in contracted backlog. The backlog is comprised of hard contracts with over 75 different clients in two different sectors. Also the company has ISAs with numerous other clients that have been in place for over 10 years. We enjoy a top five market share in the UST and Coal Mine Monitoring Divisions and our oil and gas division has real opportunities to expand with the current client base. We currently operate in Kentucky, West Virginia and Virginia but can easily expand to the northeast in the Marcellus Shale regions of Pennsylvania and New York.

Reason for Selling:

Retiring

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.

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