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Businesses For Sale > Business For Sale in Monroe, Louisiana, Louisiana (LA)

Water & Soil Sampling with Mold & Lead Inspections for sale in Monroe, Louisiana, LA

Monroe, Louisiana, Louisiana (LA)

Asking Price: Gross: Cash Flow:
$ 560,000 $ 713,497 $ 164,475

Furniture and Fixtures Value:
$ 242,000 (included in the asking price)

Business Summary:
This water and soil sampling company offers vital services including asbestos abatement (30%), asbestos air monitoring (20%), asbestos inspection (20%), water sampling (20%), mold sampling (5%), and lead inspections (5%). They complete work in three states Arkansas, Mississippi, and 90% in Louisiana. With a diverse services list and over 40 years of experience, a wide variety of clients are brought on to benefit from the work of the specialist staff. With the abundance of services offered, their clients are municipalities, commercial contracts, banks, residential, and school boards. While the seller does assist with bidding, the employees on staff are trained to do so as well. The seller was in and out in 2020 due to a cancer diagnosis (now in remission), and will train and transition new owner 6 months to 1 year. This asbestos and environmental services company has maintained a 21% profit margin year over year, and included in the sale is over $240k in assets, including several trucks, trailers, an XRF analyzer, and other equipment. They do have the ability to train & license people for asbestos at their facility as well, though this has not been heavily pursued, but it is a growth opportunity. Their location includes an office, 7 total storage facilities, equipment shed, and covered parking area (all at the same location). The seller does own the real estate and is willing to rent it back to the next owner for $2,500/month. This amount has been accounted for and adjusted in the provided cash flow. At a price of $560,000, and a down payment of $84,000, a buyer would expect to see a return of $83,866 in the first year after debt payments!

 

   
Number of Employees: 4FT  
   
Potential Growth/Expansion: The business is not being pushed in any way in regards to making sales, getting the name out there, etc., allowing for easy avenues for a new owner  
   
Owner willing to finance: 15% Seller Financing $84,000  
   
Owner willing to train: : 6 months 1 year, negotiable depending on the needs of the buyer  
   
Reason for selling: Remission from cancer  
   
Seller Reference Number: AGE017-E
BusinessMart.com Listing Number: 289149
 

 

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For more info contact:

Cortney Sells

The Firm
4029985288

CONTACT SELLER

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