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Advert Ref: 3460LB

Environmental Remediation Contractor For Sale

Details: Asking price:$595,000; Sales revenue:$1,158,000; Net profit:$200,000; Fixtures value:$300,000; Inventory value:$5,000

Business description: This company is a full service residential storage tank specialist, providing the following services, removals, closures, cleaning, soil testing, tank testing,& site remediation Annual Sales (2007) $1,158,000 (2006) $914,306 (2005) $992,640. Specialized in the residential market (90% residential, 10% commercial). Great opportunity for an owner operator with a sales and/or marketing background. The seller will stay on for a seamless transition and will remain on with the new buyer for up to 1 year as a paid consultant. The seller currently works approximately 30 hours per week in an administration capacity. A new owner can step into the current office manager position which currently receives an annual compensation of $75,000. There are many expansion possibilities.

General information: Years established:13; Employees: 5; Trading hours: Monday-Friday 7AM-4PM; Relocatable: This business can be relocated.; Real Estate:; Expansion potential:This business can be expanded by increased sales and marketing efforts as well as well as soliciting commercial and industrial accounts. In addition to expanding the list or services (i.e. septic installs, excavating, landscape, design, etc.); Support & training:Seller will train and also stay on as a consultant; Reasons for selling:Seller pursuing other interest; Financing available?Seller financing 5-7 years at Prime + 2 to qualified buyers.