Business For Sale Listing #BFS-154208:
Environmental Services
Industry
Location
| Classification: |
US // Midwest |
| Relocatable: |
Yes |
Financials
| Sales: |
Between $2.5 Million And $5 Million |
| Profits: |
Between $1 Million and $2.5 Million |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $2.5 Million and $5 Million |
Business Summary
Environmental and Civil Contracting Services Company
Formed in 1996 by it current management, the company possesses an experienced team of 30. The company offers multiple services with a target focus within remediation and restoration services in both government agencies and private industry. The company can be expanded as desired through utilization of its 8A government contractor status.
Services offered include:
Hazardous waste removal and remediation Environmental training
Remedial design Environmental assessments
Asbestos / lead – inspection & removal Sampling, testing & classifying
Waste generation handling & disposal 24-hour emergency response
MARSSIM surveys & radiological services General contracting services
The 2007 revenues were greater than $3,300,000 with adjusted EBITDA of over $1,100,000. 2008 revenues will be grater than 2007. The company has current contracts of over $3,000,000 with over $20,000,000 in bids outstanding. Without expansion or additional assets the company has available in federal government set aside contracts of over $100,000,000 that can be obtained with the addition of a $5,000,000 bonding capability available with a supporting surety instrument to the company's existing assets and financial performance.
Acquisition value is $3,800,000 as a stock purchase with $2,500,000 in assets of which $550,000 is cash and $650,000 is current receivables.
