Environmental Consulting and Compliance Co.

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Asking Price:
$850,000

Gross Revenue:
$1,170,659
Cash Flow:
$404,850
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,500
included in asking price

FF&E:
$235,000
included in asking price

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Business Description

Wonderful business opportunity for this successful Environmental Consulting & Compliance Company that has developed a highly successful reputation and extensive experience in the remediation and service of soil contamination during the past 17 years. The owner of the company does not have to be licensed, most remediation firms have a Licensed Site Remediation Professional (LSRP) on staff who oversees the soil remediation project from beginning to end. The company has a long history in soil remediation across the state of New Jersey and has amassed impressive project success with specific statistical data. This environmental consulting company has a yearly gross income of $1,170,659 and a consistent yearly net income of $404,850 to the owner operator. The business operation has a Licensed Site Remediation Professional (LSRP) who coordinates and oversees each of the soil remediation project. The process is standard, the contaminated soil is removed, and field screening will be performed to determine if all contamination has been excavated. Once the soil is screened and determined to be clean, then soil samples will be collected from the excavation area and final testing will be completed, to determine if any additional soil remediation is required. Upon completion of all site remediation projects, a full Remedial Action Report is prepared for submission to the NJDEP. At that time the NJDEP will issue a No Further Action (NFA) for the property and the company coordinates every step of the process. The company has a variety of cutting-edge methods to find hidden tanks, including ground penetrating radar (GPR), magnetometry, for probing underground tank inspections. Their equipment can find tanks at depths of 20 feet and their oil tank services include a visible interior and exterior inspection of the property. Their technicians have been extensively trained in locating underground storage tanks. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. Additionally, the real estate is available to purchase as an option.

About the Business

Location:
Middlesex County, New Jersey
Year Established:
2001
Number of Employees:
9
Real Estate:
Leased
Building Sq. Ft.:
1,500
Rent:
$3,675.00 Per Month
Facilities:
The company is Licensed and functions throughout the state of New Jersey and is presently located in Northern Central New Jersey. This non-retail facility is in a 1,500 square foot commercial setting and has an attractive professional appearance.
Market Outlook/
Competition:
Regarding competition, the state requires specific licensing which limits new competition and to the best of our knowledge, due to various other circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Growth & Expansion:
The business presently has a limited marketing plan, no local advertising, basic web site and if improved can further develop the business yearly gross sales.
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About the Sale

Reason For Selling:
The sale is due to the owner’s retirement after many successful years.
Training/Support:
The owner is available to remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator. Also, if required the seller will supply additional training or work part time post-closing at a fair cost to the purchaser.
Seller Financing:
Is available to a qualified buyer with an appropriate down payment.

Listing Info

ID:
1567722
Ad Detail Views:
107

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Business Listed by

Ron Cervelli

Regal Consulting Corp.

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U.S. Census Data for Middlesex County, NJ
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Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Middlesex County, NJ
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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