Environmental Services And Remediation Business For Sale
Location Louisiana,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2000000
Net Profit / Cash Flow $250000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 10 - 19
Inventory $1,000,000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Available.
Reason for Sale Growth or retirement.
Description This 21 year old, full scale environmental company specializes in N.O.R.M. They specialize in waste handling, remediation, and new technologies to provide the greenest solution to any problem. This full service environmental company serves primarily the oilfield community, in the U.S. and now in the Middle East. It specializes in Decontamination and Remediation of Naturally Occurring Radioactive Materials (NORM) contaminated Equipment and Grounds. It has been providing the engineering procedures and cost estimates, permitting, personnel and equipment, record keeping and compliance verification of every job both in its commercial decontamination facilities and at customers' facilities.
Common sense solutions like putting waste back into underground formations, the source from which it was produced, has made the company successful. Company is able to handle a wide range of projects: from small projects costing a few thousand dollars to major pipe decontamination jobs, including plug and abandonment of oil wells and remediation of their facilities ranging in cost into the millions of dollars.
Company's attention to safety, quality, and efficiency in treating NORM are an inseparable part of daily operation and has given the company the edge in assuring successful job completion. A remarkable 75% of the company's business comes from repeat customers.
With a new owner and an injection of capital, company has the opportunity to acquire and complete a major project that will produce substantial benefit to the company. This company with its great market niche would make an excellent acquisition for a major environmental remediation company.
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