Request More Information Contact the Seller
- RE: Upstate New York Environmental Services
- Contact: Cortney Sells
Owner Financing is Available!
Purchase Price: $898,000
12.5% Buyer Down Payment$112,250
12.5% Seller Financing $112,250
75% Bank Loan$673,500
Quick Facts
| Asking Price: | $898,000 | |
| Annual Revenue: | $8,441,869 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $315,332 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $15,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2012 | |
| Employees: | 14 | |
| BBN Listing #: | 541434398 | |
| Broker Reference #: | AGE005 |
Business Overview:
This upstate New York company provides environmental services regionally and has generally low inventory, as everything needed is purchase based on the job at hand. This company provides asbestos removal, lead remediation, and fireproofing services. They are consistently seeing year over year growth and hit over $8M in revenue in 2021! They have been established in upstate New York since 2012.Most business is accomplished in Upstate New York (85%), with the remaining work completed in the New York City area. Customers include government organizations, state agencies, general contractors, construction managers, property managers, and property owners. Project timelines are from a few weeks to a several months long and most contracts (85%) are earned through a request for proposal process. Rarely subcontractors are utilized for large projects or those at long distances. Supporting this team are two supervisors, one accountant, and one team assistant.
The company operates from a small office and warehouse space. Purchasing and storing large amounts of equipment is not necessary as this business rents any large items needed to complete projects and houses very few assets on site. All inventory and materials are ordered by project and may be briefly stored by this business or drop-shipped to the work site.
Priced at $898,000, a 12.5% down payment returns $147,250 in the first year after debt payments – a 131% return on investment! Opportunities are plentiful for growth in the New York City Area as well as widening the service area to include New Jersey, Pennsylvania, or additional regions of New York.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
DivestmentAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more New York businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
