Asbestos And Lead Abatement & Demolition Business For Sale

Business description

This 29 year old company performs asbestos abatement, mold remediation, lead abatement and demolition services in a 5 state area. Outstanding reputation with thousands of successfully completed projects for diverse clientele in healthcare, governmental, education, industrial/commercial, financial, transportation and religious sectors.

Property information

Real Estate:

Lease

Lease terms:

Expires 1/31/2014 with two 5-year options

Leasehold rent:

$109,380 per annum

Location:

South Central USA. Located in new industrial/commercial development less than 5 minutes from major interstate.

Premises details:

Brand new headquarters located in a 9,000 square foot stand-alone building built in 2008. 3,000 square feet of office space. 6,000 square feet of warehouse (75% capacity). Building sits on a 2.17 acre lot and is laid out in such a way as to allow additonal 2,500 square feet of additional construction if desired. Real estate available for purchase separately.

Size in square feet:

9,000 sq. ft. Stand Alone Building

Other information

Expansion potential:

New owner could increase advertising/marketing (currently leass than 0.4% of revenue); add a full-time salespersons to increase calls to general contractors, architects, environmental consultants, etc.; Launch into complimentary remediation services such as soil/ground water, emergency response, hazardous material removal; and expand geographically.

Planning consent:

Commercial

Competition / Market:

Competition is moderate with barriers to entry for start-ups/new companies. Company has become market leader by excelling in quality of performance, reputation, expertise, technology, customer relationships and range of service offerings. Two of its 5 primary competitors closed in 2009.

Support & training:

Owner available for training and transition assistance for 30-60 days. Thereafter, owner available on consulting basis.

Reasons for selling:

Owners retiring after 29 years in the business.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Negotiable

Furniture / Fixtures value:

$387,000 (included in the asking price)