Water & Air Quality Sampling & Testing

Business Overview:

This business offers vital services, including inspection and
sampling of air monitoring, water & mold sampling, and air &
lead inspections. With over 40 years of experience, this
business completes work in three states – Arkansas,
Mississippi, and 90% in Louisiana. Along with their corporate
clients, they also serve banks, school districts, and
municipalities. Included in the sale is over $180,000 in
assets, including several trucks, trailers, and XRF analyzer,
and AR, which makes this bank loan over 50% collateralized.
Their location includes an office, 7 total storage facilities, an
equipment shed, and covered parking area (all at the same
location). The reason for the sale is because the owner was
given a cancer diagnosis (now in remission), however, she is
willing to train and transition a new owner for 6 months to 1
year, as well as carry 10% of the list price in a note! The staff
consists of 2 full time employees, a part time bookkeeper,
and subcontractors that are hired as needed. 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.
At a price of $445,000, and a down payment of $44,500, a
buyer would expect to see a return of $73,078 in the first year
after debt payments! The business also has a low multiple of
3.25 with a profit margin of 28%, call for an appointment!

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Property Features and Assets:

Vehicles: $38,884 • Nissan Titan, Ford F250, Chevy Silverado Equipment: $55,000 • 2 trailers, XRF analyzer, abatement equipment/supplies, printers, computers Working Capital: $87,622

Market Competition and Expansion:

The business is not being pushed in any way in regard to making sales, getting the name out there, etc., allowing for easy avenues for a new owner.

Reason for Selling:

Remission from cancer with health concerns.

Additional Details:

Documents:

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