Modern Environmental Testing Lab In North East
Location United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1230000
Net Profit / Cash Flow $440000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1999
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training Will provide appropriate support and training.
Reason for Sale Other activities.
Description The full-service Company serves industrial, municipal and residential clients. It provides testing services for drinking water, wastewater, and soils. It provides full support in all phases of projects including soil investigation, ground water sampling and potable testing services.
The Company also provides bench-scale treatability studies, natural attenuation evaluations, and microbiological testing supporting bioremediation and other catalytic subsurface remediation techniques.
The Company operates a 15,000 sq foot, modern, state-of-the-art laboratory. and boasts an excellent information management system. It is open to partial (50%) of 100% acquisition.
Services
The company's comprehensive capabilities of testing drinking water, wastewater, and soils allows the company to support all phases of projects - from soil investigation, ground water sampling and potable testing services.
Besides testing, company can provide guidance on soil / water remediation through bench-studies.
Combination of superior customer services and competitive pricing. Local small lab but with state-of-the-art services.
Modern lab and equipment and one of the best Laboratory Information Systems allows customers to view and download their current and archived results, and allows the lab to be more efficient.
* Annual Sales: US$1.3 million (2010), US$1.2 million (2011 projected)
* Seller Discretionary Cash Flow: US$640k (2011 projected), 759k(2010)
* Asking Price: $3.2 million for full lab
(possible to buy 51% of stake of one partner)
* Location: North East USA near two major metropolitan areas
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