Listing ID: 81420
Business Overview
• Long Established, very profitable environmental contracting business provides a steady cash flow and further growth potential.
• A business of this quality is hard to find with other owner commitments.
• This one won’t last long – act fast!
• Experienced and qualified environmental contractor performing asbestos, lead and mold remediation to public, private, and federal sector clients.
• Room to grow – Huge Upside Potential – Could increase sales/profits by adding (products/services).
• Consistent sales/profit growth for years, exceptionally well established.
For more information including a detailed confidential opportunity summary with financial information and photos, please call Tim Canale with Sunbelt Business Brokers at (702) 829-6254 or email for a non-disclosure agreement to quickly receive the package at tcanale@sunbeltlv.com
Financial
- Asking Price: $2,295,000
- Cash Flow: $685,000
- Gross Revenue: $2,250,000
- EBITDA: N/A
- FF&E: $230,000
- Inventory: $15,000
- Inventory Included: Yes
- Established: 2005
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,700
- Lot Size:N/A
- Total Number of Employees:6
- Furniture, Fixtures and Equipment:N/A
The Seller will provide 40 hours of training and orderly turnover to the new owner over a period of 6-8 months after the close of escrow. Additional training/consulting can be made available from the Seller, if required, for an additional fee.
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Additional Info
The business was started in 2005, making the business 17 years old.
The transaction will include inventory valued at $15,000, which is included in the listing price.
The business has 6 employees and resides in a building with estimated square footage of 2,700 sq ft.
The property is leased by the business for $2,035 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals resolve to sell companies. Nonetheless, the real factor and the one they say to you may be 2 completely different things. For instance, they might claim "I have too many various commitments" or "I am retiring". For many sellers, these reasons are valid. However, for some, these might just be justifications to attempt to hide the reality of transforming demographics, increased competitors, current reduction in revenues, or a variety of various other reasons. This is why it is really important that you not count completely on a seller's word, however instead, make use of the seller's solution together with your general due diligence. This will repaint a more realistic image of the business's current circumstance.
Existing Debts and Future Obligations
If the current company is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of companies borrow money so as to cover items like inventory, payroll, accounts payable, etc. Remember that sometimes this can indicate that revenue margins are too tight. Numerous businesses fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future obligations to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with suppliers that have to be satisfied or might result in penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the location bring in new clients? Often times, operating businesses have repeat clients, which create the core of their daily profits. Certain aspects such as brand-new competition growing up around the location, roadway construction, and also employee turnover can influence repeat consumers as well as adversely affect future earnings. One vital thing to consider is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Obviously, the more individuals that see the business on a regular basis, the higher the possibility to construct a returning consumer base. A last idea is the basic area demographics. Is the business situated in a largely inhabited city, or is it located on the outside border of town? Just how might the regional median home income influence future revenue prospects?