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Residential Oil Tank Removal

Middlesex County, New Jersey

Asking Price: Gross: Cash Flow:
$1,800,000 $1,896,000 $360,531

Furniture and Fixtures Value:
$1,100,231 (included in the asking price)

Business Summary:
Full service residential storage tank specialist, providing quality remediation services since 2009. Company has installed, removed & filled hundreds of tanks. Services include: tank removals, tank closures, above ground oil tank installation, site remediation, oil tank sweeps, tank cleaning, soil testing & tank testing. Successful company with growth potential. Services the NJ market place & specializes in residential market (550-1,000 gallon tanks) & has an active website. Excellent reputation & enjoys steady flow of referrals from architects, engineers, real estate developers & environmental consultants, etc. Company professionally organized & run with a steady & predictable work flow. Turn key operation with entire workforce to remain in place and presents a great opportunity for a business person with strong managerial skills and or sales and marketing background.

 
   
   
Year Business was Established: 2010
   
Facilities / Terms of Lease: Facilities building is 2,000 sq ft. Parking space space for 20+ vehicles. Large contractor yard is attached Business is centrally located with easy access to all major highways as well as access to a great job pool. Detailed list of all equipment available upon request. Cost value $1,100,231 - Book value $261,473. Equipment includes Caterpillar Light Tower Buggies, Ford 450 Lariat, Kubota Excavator, Performance Trailer, Excursion 73888, Roll-Off Containers and Dumpsters, Roll Off Cans, Trucks, Box Trucks, Trailer & Equipment.  
   
Potential Growth/Expansion: Excellent expansion possibilities by expanding into the commercial markets, expanding the days of operation from 5 to 6 days, adding additional crews & developing an aggressive sales & marketing program to include Phase II services.  
   
Owner willing to train: Management and staff will stay. Seller may also stay for an extended period with a scaled back schedule to insure a smooth and steady transition.  
   
Reason for selling: To be able to dedicate to other business interests.  
 

 

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