Environmental Inspections And Sampling – B2B

Business Overview:

Located in Monroe Louisiana, this Environmental inspection and sampling business offers vital services including asbestos abatement (30%), asbestos air monitoring (20%), asbestos inspection (20%), water sampling (20%), mold sampling (5%), and lead inspections (5%). With the abundance of services offered, their commercial clients include banks and schools with some commercial contracts and residential work within municipalities. With a diverse services list and over 40 years of experience, a wide variety of clients are brought on to benefit from the work of the specialist staff. They complete work in three states – Arkansas, Mississippi, and Louisiana. This Mold, Lead and Asbestos Inspection company has the ability to train & license people for asbestos in house, though this has not been heavily pursued and can be seen as a growth opportunity. This company has maintained a 21% profit margin year over year, and included in the sale is over $240,000 in assets, including several trucks, trailers, an XRF analyzer, and other equipment. While the seller does assist with bidding, the employees on staff are trained to do so as well and can absorb this responsibility with ease. The seller was in and out in 2020 due to a cancer diagnosis (now in remission), and will train and transition a new owner 6 months to 1 year.

Their location includes an office, 7 total storage facilities, equipment shed, and covered parking area (all at the same location). The seller does own the real estate and is willing to rent it back to the next owner for $2,500/month. This amount has been accounted for and adjusted in the provided cash flow. At a price of $495,000, and a down payment of $49,500, a buyer would expect to see a return of $57,627 in the first year after debt payments!

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Property Features and Assets:

Assets Included in Purchase: $242,000 Vehicles: Nissan Titan, Ford F250, Chevy Silverado, Nissan Versa Equipment: 2 trailers, XRF analyzer, abatement equipment/supplies, printers, computers A/R: $117,404

Reason for Selling:

Remission from cancer with concern for health.

Additional Details:

Documents:

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