Air Quality, Water Testing, and Lead Inspection for Municipalities
Business Description
This business offers vital services, including inspection and
sampling of air monitoring, water & mold sampling, and air &
lead inspections. They serve banks, school districts,
municipalities, and come corporate clients. Their location
includes an office, 7 total storage facilities, an equipment
shed, and covered parking area (all at the same location).
Included in the sale is over $180,000 in assets, including
several trucks, trailers, and XRF analyzer, and AR, which
makes this bank loan over 50% collateralized. With over 40
years of experience, this business completes work in three
states – Arkansas, Mississippi, and 90% in Louisiana. The
staff consists of 2 full time employees, an admin, and
subcontracted crews. The reason for the sale is because the
owner was given a cancer diagnosis (now in remission),
however, she is willing to train and transition a new owner for
6 months to 1 year, as well as carry 10% of the list price in a
note! While the seller does assist with bidding, the employees
on staff are trained to do so as well and can absorb this
responsibility with ease.
At a price of $680,000, and a down payment of $68,000, a
buyer would expect to see a return of $104,728 in the first
year after debt payments!
sampling of air monitoring, water & mold sampling, and air &
lead inspections. They serve banks, school districts,
municipalities, and come corporate clients. Their location
includes an office, 7 total storage facilities, an equipment
shed, and covered parking area (all at the same location).
Included in the sale is over $180,000 in assets, including
several trucks, trailers, and XRF analyzer, and AR, which
makes this bank loan over 50% collateralized. With over 40
years of experience, this business completes work in three
states – Arkansas, Mississippi, and 90% in Louisiana. The
staff consists of 2 full time employees, an admin, and
subcontracted crews. The reason for the sale is because the
owner was given a cancer diagnosis (now in remission),
however, she is willing to train and transition a new owner for
6 months to 1 year, as well as carry 10% of the list price in a
note! While the seller does assist with bidding, the employees
on staff are trained to do so as well and can absorb this
responsibility with ease.
At a price of $680,000, and a down payment of $68,000, a
buyer would expect to see a return of $104,728 in the first
year after debt payments!
About the Business
- Years in Operation
- 43
- Number of Employees
- 3
- Facilities & Assets
- Assets Included in Purchase: $181,506
- Opportunities for Growth
- The business is not being pushed in any
way in regard to making sales, getting the name out there, etc.
About the Sale
- Seller Motivation
- In remission from cancer
- Transition Support
- 6 months – 1 year, negotiable depending
on the needs of the buyer - Financing Options
- 10% Seller Financing $68,000
Listing Info
- ID
- 2370621
- Listing Views
- 585
Attached DocumentsAttachment Disclaimer
Listing ID: 2370621 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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