Air Quality, Water Testing, and Lead Inspection

NOT DISCLOSED, Louisiana

Asking Price	$680,000	Year Established	1980
Annual Revenue	$677,173	Reason for Selling	In remission from cancer
Annual P/L	$0	Attention
Annual Cash Flow	$206,395	Listing Number	991899
# of Employees	3	Business Category	Services: Professional

Business Overview:

This business offers vital services, including inspection and sampling of air monitoring, water & mold sampling, and air & lead inspections. They serve banks, school districts, municipalities, and come corporate clients. Their location includes an office, 7 total storage facilities, an equipment shed, and covered parking area (all at the same location). 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. With over 40 years of experience, this business completes work in three states – Arkansas, Mississippi, and 90% in Louisiana. The staff consists of 2 full time employees, an admin, and subcontracted crews. 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! 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 $680,000, and a down payment of $68,000, a buyer would expect to see a return of $104,728 in the first year after debt payments!

Property Features and Assets:

<p>Assets Included in Purchase: $181,506<br></p>

Market Competition and Expansion:

<p>Growth Opportunities: The business is not being pushed in any way in regard to making sales, getting the name out there, etc.<br></p>

Additional Details: