Environmental Company for sale - 34234

Financing

$900,000 Down and $400K financed over 3 years at 5% to a qualified buyer.

Business Description

Long Established (28 years) Premier Environmental Remediation and Consulting Company. Primarily Asbestos Removal, Remediation and Encapsulation within the construction industry. Considered Special Trade Contractor. Seller Invested in the most modern environmental remediation equipment available. Large inventory of well-maintained fleet of trucks, decontamination units, lifts, portable generators and lighting equipment. Seller lives half the year out of state and runs the business semi absentee. Will relocate permanently. Turns away work regularly. New full-time owner can scale the business back to the $8m plus the company used to bill. Has its own roll-off trucks and dumpsters. Value of all the equipment totals well over $500,000. The company can do bonded and union work. Works with all general contractors and directly with NYS, Nassau and Suffolk County and Brookhaven Labs, etc. Mostly Nassau-Suffolk. Turns away NYC work all the time. Exclusive and preferred service provider for many large clients. 12 highly trained employees available to stay on with new owner. Profile financials are based on the 2019 numbers ($2,286,032) pre covid and when the owner was operating the business full time. 2020 Gross was close to $1.4 (Covid-semi absentee). As of July 2021, the seller has NEW jobs booked and awarded for over $800,000. 2021 gross will be well above $2m. The property has been sold, and the buyer must relocate the business to his own facility or a new facility. All building expenses (mortgage, RE taxes, insurance repairs) are paid by the business. The new owner's net profit would be adjusted higher by removing these landlord expenses. This environmental company has custom vans, storage containers, and a warehouse that contain the equipment. Only serious buyers with industry experience will be considered. Proof of funds and a strong background in the industry are required for the seller’s approval to release the business name and location and for a call or meeting with the owner. Contact broker Joseph Stansky for more details.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.