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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