Expandable Environmental Consulting Business! (17634)
ServiceFor Sale in Owego, NY
Financial & Assets Details
About the Business
Within Central New York, specialty consulting and contracting business offers health and safety training services to commercial organizations, manufacturing firms, schools, individuals, and engineering companies. Listing provides intel in construction protections, industrial hygiene, indoor air quality, and environmental assessments; as well as quality-focused abatement, demolitions, soil & water remediation, plus vapor mitigation and bulk tank removals. Boasting a history of survival from past recessions, they have kept an expandable presence in the market, with Ownership maintaining minimal personal expenses and clean financial statements. Revenues for 2021 saw roughly $700,000 alongside Discretionary Earnings of $150,000. Headquarters is a leased storage facility with office, measuring nearly 6,000 square feet and used for warehousing of equipment, tools, vehicles, and a rotating inventory that’s project-estimated, allowing in-house operations and low overhead! Able to be relocated in its work radius, business enjoys a service region extending up to 5 hours in distance, primarily 300 miles between NY and Pennsylvania, but also further out of state upon the occasional request. Business plans to outpace previous records amidst a foreseeable growth, with projections of more than $1.2 Million in Revenues and a net income of over $200K in 2022 as of their third quarter! Seller prefers to remain with personnel of five skilled employees for a transition of up to three years post-purchase; while owner is not closed-minded, an ideal buyer would be able to manage incoming leads and clerical duties like banking, bonding, insurance and payroll. Besides maintaining their website and a proven-effective referral source system backed by a large customer base, company’s advertising efforts also use internet and print media. Based on an independent evaluation!
Financing can be negotiable for the right buyer.
Support & Training
Seller remaining on board for a determined period of time with new ownership in consultative and assistive managerial roles.
Reason for Selling:
Approaching retirement and/or pursuing other interests.