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Businesses For Sale > Business For Sale in Illinois (IL)

Environmental Testing & Remediation with 90 Employees for sale in IL

Illinois (IL)

Asking Price: Gross: Cash Flow:
$ 4,450,000 $ 13,763,339 $ 1,161,508

Furniture and Fixtures Value:
$ 700,000 (included in the asking price)

Inventory Value:
(included in the asking price)

Business Summary:
A passively owned service based business with over $4,000,000 in assets and 90+ employees, this team of well-trained specialists provide exceptional asbestos abatement, lead and mold remediation services. Earning $13MM in the past twelve months, this company earned over $1.1MM in cash flow for the same time period. With most projects one to two weeks in duration, this company completes 800 jobs per year. Annually, there are typically one or two very large projects that bring in over 10% of income, but the projects and customers vary from year-to-year. Leveraging their $4,170,000 in assets as well as their team of 75 union workers, this company is efficient, driven, and well-respected for their industry knowledge. They are often called upon to successfully complete projects that others consider exceedingly technical, challenging, or too large.

The diverse customer base includes industrial businesses (

 
   
Year Business was Established: 1980
   
Number of Employees: 90+: 17 Administrative, 7  
   
Facilities / Terms of Lease: : Large facility with 25% allocated to office space and 75% warehouse with loading dock, additional storage on-site - The building will be available for sale outside the sale of the business.  
   
Owner willing to train: up to one year  
   
Reason for selling: Focus on non-competing ventures  
   
Seller Reference Number: CON066
BusinessMart.com Listing Number: 242480