Business Overview:
This is a One-of-a-Kind Indoor Air Quality Remediation Company that's been around since 1981. The company has contracts with the all the local counties and does work in Federal Buildings, the Airports, the School System, Hospitals, Large Office Buildings, etc. The company will enter a property, assess the issues such as mold, bacteria, contamination, etc., that need remediation and do the actual work. This may entail checking for cool/hot spots, air pressure differentials clogged filters, dirty ducts, etc. which may be causing the problem. All these problems are then corrected to remediate the situation.
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Property Features and Assets:
The facilities required for this business are quite small. Only a small warehouse is required to house the equipment (approximately 1,200 square feet), and an office to run the business. The actual work is always performed at the customer's premises.
Assets = $307,298
Market Competition and Expansion:
The company has very little competition in the industry. There are several smaller companies doing bits and pieces of what this company does, this is one-of-a-kind one-stop-shop. No job is too large for the company. The Company's reputation has been stellar for over 4 decades.
The Seller is at a point after 41 years that he needs to retire, therefore he has not been very active in developing new clients and avenues for growth. A new Owner with fresh blood and ideas and guided by the Seller could easily increase sales by 50% if not more. There are very few companies in the market doing the same work and the potential for growth is tremendous, especially after the Pandemic we just experienced, Indoor Air Quality has become the talk of the town. Everybody wants to make sure their Indoor Environment is safe.
Reason for Selling:
Retirement.
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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