Environmental Testing Business - Central Southern Indiana
Featured on BusinessForSale.com . 5 viewed

Asking Price
$1,800,000
Detailed Information
Business Description
This well-established firm specializes in environmental testing and engineering services, catering mainly to municipal and commercial clients, with a high rate of repeat business. Their essential services include soil and water sampling, underground tank removal, utility coordination, and erosion control, crucial for upholding environmental standards in construction projects. Located in Central and Southern Indiana, the company operates from two offices and employs a dedicated team of 11 full-time staff members, overseen by the current owner who is selling the business to plan for succession. Priced at $1,800,000, with a 10% down payment, this business offers solid financial returns, potentially yielding $255,231 in the first year after debt payments. With a strong reputation built over decades, the company holds Women-Owned Business Enterprise (WBE) and Disadvantaged Business Enterprise (DBE) designations, representing its commitment to quality and diversity. The majority of revenue comes from contracts awarded based on these designations, meaning a new owner will need