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Environmental Testing - $1.6M Sales

Location  Ohio,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1600000
Net Profit / Cash Flow  $473288
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1991
Number of Employees  20 - 34
Inventory  629000
Relocatable  Yes
Number of Employees  20 - 34
Real Estate  Leased
Training  Yes For 1 Month
Reason for Sale  Other Opportunities
Description  BUSINESS ACTIVITY: This certified environmental laboratory tests inorganic and organic samples to help industrial, engineering, consulting firms, government agencies and medical facilities comply with the following laws and related regulations: Clean Water Act (CWA); Resource Conservation & Recovery Act (RCRA); Toxic Substances Control Act (TSCA); Comprehensive Environmental Response, Compensation & Liability Act (CERCLA). Additional testing is performed for: Asbestos, Mold, Special Projects and Brownfield and Site Investigations. Company has testing operations and/or field representation in 4 states. Seller has recently established a new service to test water used by Specialized Medical Facilities (SMF). Many high profile SMF have become customers in the past year. SMF testing is potentially the highest growth area for the company. The laboratory completes approximately 1000 samples per month. Major competitive advantages include: high quality workforce, very fast turnaround, high level of customer service, state of the art equipment and information systems.
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