Environmental Remediation Rental Equipment Business

San Diego, CA (San Diego County) (Relocatable)

Environmental Remediation Rental Equipment Business
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Asking Price: $4,000,000

Cash Flow: $1,177,206

Gross Revenue: $2,070,000

EBITDA: $1,177,206

FF&E: $50,000

Inventory: $200,000

Real Estate: N/A

Established: 1993

Environmental Remediation Rental Equipment Business

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Business Description

Highly Profitable Environmental Remediation Business for Sale

The company specializes in providing remediation rental equipment utilized for soil and groundwater remediation efforts. Over 54% of revenues are recurring with long-term rental engagements.

The company provides a full suite of services including pilot studies, engineering, remediation site construction, preventive maintenance, and remediation equipment rentals, which represents the largest source of revenue for the company.

Revenues for 2019 are up 40% and are expected to exceed $2 million with a discretionary cash-flow in excess of $1 million.

You do not need to be an engineer to own this business but it would help. Having mechanical abilities would be helpful, but you can hire this talent too. The company does no marketing what so ever and is essentially a one-man operation and has been a life-style business for the owner. It has the potential of growing substantially as the owner turns away work almost weekly.

This is a recession proof business located in the most regulated state in the country making the rental equipment an important part of state regulations.

If interested please click on CONTACT SELLER button and we will respond. Please DO NOT CALL. An NDA and Buyer Profile is required for all interested parties. We have a detailed Confidential Information Memorandum for qualified buyers.

Detailed Information

Location:
San Diego, CA
Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
4,160
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Shop & Office
Competition:
California requires that funds be set aside each year to remediate contaminated sites. The state estimates there are 9800 unidentified contaminated sites in the state. Because state regulation requires remediation, the business is recession proof. Equipment rentals are effectively long-term rentals that last for years until the site has been certified clean. The company has the largest fleet of remediation equipment in the state
Growth & Expansion:
The owner does no marketing, and all business is by word of mouth or website searching. Marketing and staff build up would allow this business to grow substantially.
Support & Training:
The owner will provide a buyer with substantial training to be able to run this business and extend the legacy of the business.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Tim McDonald, M&AMI, CEPA, ASA

Business Listed By:
Tim McDonald

The Leland Group

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