Environmental Services for Commercial Clientele

Seattle, WA
King County

South of Seattle

Asking Price: Annual Revenue:
$5,600,000 $5,452,564

Services: Construction, Contractors

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RE: Environmental Services for Commercial Clientele Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $5,600,000 15% Buyer Down Payment: $840,000 15% Seller Financing: $840,000 70% Bank Loan: $3,920,000 A 15% down payment of $840,000 returns $365,923 in the first year after debt payments!

Quick Facts

Asking Price: $5,600,000
Annual Revenue: $5,452,564
Net Profit: Not Disclosed
Cash Flow: $1,112,023
Total Debt: Not Disclosed
FF&E: $1,673,324
Real Estate: Not Disclosed
Year Established: 1988
Employees: 37
BBN Listing #: 873734398
Broker Reference #: CON079

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Business Overview:

Passive ownership with 37 skilled employees in Washington! Located in the Seattle, Washington area, these specialists in the environmental industry have earned a 25% profit margin in 2018 and continue to experience year-over-year growth. Asbestos removal (40%), interior demolition (40%), as well as mold and lead remediation (20%) are the main services offered by this company. Commercial clients account for 80% of annual contract revenues, with residential projects producing 20%. Clients include The Federal Government, Washington State Universities and schools, local municipalities, and health care facilities. Day-to-day operations are led by a tenured vice president with management oversight of two administrative assistants, three estimators with project management experience, three operations managers, seven supervisors and the workforce. The owner currently leads in a consultant capacity mentoring and developing leadership staff while also ensuring bonding and insurance.

With a total of 9,300 square feet of space, the headquarters has ample room to further expand operations. The office is 2,800 square feet and features five private offices, a reception area, a large conference room used for meetings, training, and environmental records storage. The warehouse and shop span 6,500 square feet of indoor space allowing for staging, tool and inventory storage, and warehouse management. An expansive paved lot and gravel yard of two acres house all heavy equipment, vehicles, disposal containers, and trailers. Assets comprise all equipment necessary for safe testing, handling, and removal of hazardous materials.

Strong revenue generating initiatives could be achieved by increasing the workforce to take on contracts currently sacrificed, driving growth of the container rental business, and utilizing targeted advertising to generate new contacts.

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Property Features and Assets:

7,900 square feet: Office with reception and three private offices, 6,500 total square feet of warehouse and storage, large 2 acre gravel and paved yard for parking and equipment storage.

Market Competition and Expansion:

Build demolition business, positive reputation draws many potential customers and additional projects can be taken on.

Reason for Selling:


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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