Water & Soil Sampling with Mold & Lead Inspection

Not Disclosed, LA


Asking Price: Annual Revenue:
$560,000 $713,497

Services: Engineering, Architectural Services


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RE: Water & Soil Sampling with Mold & Lead Inspection Broker: Cortney Sells
Owner Financing is Available!
15% Seller Financing $84,000

Quick Facts

Asking Price: $560,000
Annual Revenue: $713,497
Net Profit: Not Disclosed
Cash Flow: $164,475
Total Debt: Not Disclosed
FF&E: $242,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 912234398
Broker Reference #: AGE017-E

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Business Overview:

This water and soil sampling company offers vital services
including asbestos abatement (30%), asbestos air monitoring
(20%), asbestos inspection (20%), water sampling (20%),
mold sampling (5%), and lead inspections (5%). They
complete work in three states – Arkansas, Mississippi, and
90% in Louisiana. 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. With the
abundance of services offered, their clients are municipalities,
commercial contracts, banks, residential, and school boards.
While the seller does assist with bidding, the employees on
staff are trained to do so as well. The seller was in and out in
2020 due to a cancer diagnosis (now in remission), and will
train and transition new owner 6 months to 1 year. This
asbestos and environmental services company has
maintained a 21% profit margin year over year, and included
in the sale is over $240k in assets, including several trucks,
trailers, an XRF analyzer, and other equipment. They do have
the ability to train & license people for asbestos at their facility
as well, though this has not been heavily pursued, but it is a
growth opportunity.
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 $560,000, and a down payment of
$84,000, a buyer would expect to see a return of $83,866 in
the first year after debt payments!

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Property Features and Assets:

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

Market Competition and Expansion:

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

Reason for Selling:

Remission from cancer

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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