Asbestos Testing Labs - Accredited
Location Texas,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1334651
Net Profit / Cash Flow $477599
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1997
Number of Employees 10 - 19
Inventory 700000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training The seller will provide training for a smooth transition.
Reason for Sale Retiring.
Description This offer includes 2 locations and 6000 square feet of Real Estate. This business is like a well-oiled machine. The owner has the staff and systems in place in both locations to meet the every day needs of their many clients with a speedy turn around. Due to deaths from Mesothelioma proven to be caused by breathing or coming in to contact with asbestos, on July 12, 1989, EPA issued a final rule banning most asbestos-containing products in the US. Since then asbestos testing is a standard requirement for buildings doing remodeling built prior to 1990. If application is made to demo and remodel property the government requires an environmental consultant to inspect and send off samples for testing. This happens everyday all over the world and these labs do this kind of work. With FedEx they can literally reach the world with tested samples the next day if requested.
This Asbestos-testing lab is one of the top labs in the country. They do work from shore to shore in the United States and Canada and beyond. These are two fully functional labs with managers and staff in place. They also test mold, water and many other building products.
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