Environmental Remediation & Demolition Contractor (262)

February 26, 2025
by an intermediary in Grand Rapids, MI, USA
Based in Indiana, the Company specializes in demolition and environmental hazard removal, leveraging a large and experienced team to deliver its services. With the capacity to handle all types of projects, this Company holds exclusive contracts with prominent customers across the state.
The Company sets itself apart from the competition with its advanced software capabilities, enabling comprehensive tracking and mapping of all ongoing projects. Additionally, the Company is backed by a team of trained and licensed professionals who are committed to staying with the Company in the event of a transaction, enabling potential buyers to sustain licenses through a transaction.
A significant opportunity exists for the Company to expand its geographic presence into nearby states and further enhance its already robust environmental and demolition service offerings. Further growth could be achieved through joint venture projects. Historically, the Company has avoided large demolition projects due to the owners' hesitance to grow too rapidly. However, new owners have a substantial opportunity to engage in higher-margin joint venture projects with other specialty contractors, should they choose to elevate the Company to new heights.
Current ownership is open to staying on for a limited transition period following a transaction to assist new owners if required. However, ownership believes that the existing management team is capable of effectively stepping in. The Company currently operates out of a single facility, owned through a related entity, which ownership is looking to lease with the purchase of the company.
Buyers will be required to have a minimum of $500,000 of available capital, solid credit, and preferably industry experience to qualify for SBA 7a financing.
TTM Revenue: $6,682,847
TTM Cash Flow: $1,081,791 (Adj. EBITDA)
EBITDA: $ 1,077,992
Estimated Equipment Value: $1,046,187
Total Building Size: 41,146 square feet
Real Estate: $1,460,000
Seller Financing Available: Yes
Seller Note: Limited Seller-Financing Available for Qualified Buyers.
from Spelman College in New York, NY, USA
Remediation & Environmental Cleanup Services in the US
https://www.searchfunder.com/ibisworld/report/46629
Demolition and Wrecking in the US
https://www.searchfunder.com/ibisworld/report/45310
from University of Southern California in Santa Monica, CA, USA