30 yr old Radon Testing and Mitigation Business

Garfield County, CO

Seller Financing Available
30 yr old Radon Testing and Mitigation Business
Contact Seller

Asking Price: $625,000

Cash Flow: $242,000

Gross Revenue: $608,289

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1986

30 yr old Radon Testing and Mitigation Business

Save Print Share Valuation Report

Business Description

Excellent Reputation, Strong Profit Margins, Expansion Possibilities

Radon gas is a colorless, odorless, radio-active by product of Uranium found naturally in the soils and can accumulate to dangerous levels in homes. It is the second leading cause of Lung Cancer. The company offers Radon Testing and Mitigation services to homes and businesses near the resort areas of Aspen and Vail CO, where concentrations can reach unhealthy levels.

Radon Testing and Mitigation is a growing industry and is driven by residential home sales and new construction. More and more people and government agencies are becoming aware of the health risks associated with radon. There are a great number of existing homes that need mitigation to make them safe for their occupants, and most localities now require Radon Mitigation in new homes and remodels which ensures an ongoing demand. Making homes safe for its families is a much needed and appreciated business.

The company has been operating in the area for over 30 years. The reputation for quality work, responsiveness, and customer service are well known. It has an A+ rating with no complaints and a 5 Star review rating with the Better Business Bureau, and a 4.9 Star rating in Google Search results.

The company does very little in the way of advertising. The majority of the business comes from referrals from real estate professionals, home inspectors, property managers, and general contractors who know the business and the excellent quality of work they perform.

There are significant expansion opportunities to be had by easily adding other complimentary environmental services , and all could be expanded into other nearby communities.

This is a lifestyle choice, not just a business. Live and play in the Mountains where clean air, no traffic, low crime, and abundant recreational opportunities and scenery are around every turn. The friendly “small town“ environment provided by the local mountain communities makes it a great place to work, live and raise a family.

Detailed Information

Location:
Garfield County, CO
Inventory:
Included in asking price
Employees:
5
Facilities:
The owner currently operates out of a home office and a small (200 sqft) onsite storage building.
Growth & Expansion:
New building codes now require Radon Mitigation in homes, greatly increasing the market demand. There are significant expansion opportunities to be had also by easily adding other complimentary environmental services like Mold and Mildew remediation, Water Damage Restoration, Energy Efficiency, etc, and all could be expanded into other nearby communities not now served. The owner admits he has grown "too comfortable" with the cash flow and short work week required, and expects a more energetic owner will want to expand the business to its full potential
Financing:
Seller Financing available to qualified buyer with significant down payment.
Support & Training:
The seller will stay on as long as necessary to ensure a successful transition of employee, vendor, and customer relationships. The seller has a wealth of knowledge to pass on and is committed to help the new owner be successful.
Reason for Selling:
Owner, at age 70, is ready to retire.
Contact Seller

Contact the Seller

Contact Seller Loading

Business Listed By:
David Conry

Show Phone Number

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1639158 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Growth Coach

Franchise Opportunity
Capital Required: $57,000