Texas Environmental Testing Business With Prominent Customer Base For Sale

Business description

Here is a great opportunity to enter the growing environmental testing industry. This 22 year old business has a very impressive and diversified customer base that includes Fortune 500 clients. The business has a fantastic reputation, a seasoned staff, state of the art equipment and is a prominent supplier in the Southwest region

Property information

Real Estate:

Lease

Location:

The business has a main facility in Central Texas and satellite offices in the surrounding area.

Other information

Expansion potential:

The business has a strong foothold in the State of Texas and also provides some service to the neighboring states. The business may benefit from increased investment to allow expansion of the services offered and the geographic area served

Competition / Market:

The competition includes larger national businesses and smaller local suppliers. This business is able to compete with the larger competitors by offering a comprehensive list of test services, competitive prices and outstanding service. It competes with the smaller, local competitors by offering a wider array of test services, greater technical resources and capacity. The market outlook is bright as additional test certifications have been imposed on the industry, causing hardship for smaller competitors and enlarging the barrier to entry. The improving economy, enhanced awareness and concern for the environment and risk of contamination provide a solid foundation for the industry.

Support & training:

The Seller will provide a reasonable amount of training and transition support

Reasons for selling:

Seller to retire

Trading hours:

The business is open form 8:00 am to 5:00 pm Mon thru Friday and form 8:00 am to 12:00 pm on Saturday.

Furniture / Fixtures value:

$600,000 (included in the asking price)

Inventory / Stock value:

$38,000 (included in the asking price)