Radon Services Business – Has Accepted Offer

Price: $725,000

Annual Revenue: $875,809

Net Cash Flow: $300,000

Industry: Contractors

Location: NH

Listing ID: 6

 

This well established radon testing and mitigation services business has 30 years of success serving NH & MA. They perform both air and water testing in their in-house lab. Based on test results they design, build, install and service systems to bring radon down to safe levels. The lab is accredited by NELAC ensuring best practices. In 2016 testing revenue represented 22% of the total while designing, creating and installing systems was 78%. The cash flow reflects $65K to hire a person to perform the tasks of one of the sellers (there are 2 owners).

 

Listing Details

FFE: $270,000 (Included in Price)

Reason For Sale:

 


The seller is heading toward retirement.


 

Training & Support:

 


The seller will assist the buyer to ensure that a transition of employees, customers and partners is successful.


 

Operation

Year Established: 1986

Employees: 6

Location

Facilities Information:

 


The facilities include office space as well as a testing lab where their own and others tests can be fulfilled.


 

Summary

Competition:

 

Over the past 30 years in business, they have built a reputation for quality work, friendly service and have developed relationships with those that continually bring repeat business their way.

 

Potential Growth:

Growth can be achieved by expanding geographic coverage.