Description:
This 21 year old, full scale environmental company specializes in N.O.R.M. They specialize in waste handling, remediation, and new technologies to provide the greenest solution to any problem. This full service environmental company serves primarily the oilfield community, in the U.S. and now in the Middle East. It specializes in Decontamination and Remediation of Naturally Occurring Radioactive Materials (NORM) contaminated Equipment and Grounds. It has been providing the engineering procedures and cost estimates, permitting, personnel and equipment, record keeping and compliance verification of every job both in its commercial decontamination facilities and at customers’ facilities. Common sense solutions like putting waste back into underground formations, the source from which it was produced, has made the company successful. Company is able to handle a wide range of projects: from small projects costing a few thousand dollars to major pipe decontamination jobs, including plug and abandonment of oil wells and remediation of their facilities ranging in cost into the millions of dollars. Sale also includes a gasification melting service project consisting of 7.5 acres and all equipment. This service offers an advantage to the company that no competition has. The property is located on a shipping canal, rail spur, major river in Louisiana, and a major interstate highway. Company’s attention to safety, quality, and efficiency in treating NORM are an inseparable part of daily operation and has given the company the edge in assuring successful job completion. A remarkable 75% of the company’s business comes from repeat customers. With a new owner and an injection of capital, company has the opportunity to acquire and complete a major project that will produce substantial benefit to the company. This company with its great market niche would make an excellent acquisition for a major environmental remediation company. Seller desires to grow the company for a new owner or in the alternative retire. Seller is open to substantive offers to which he will seriously consider and promptly reply. Come see this outstanding company, meet the owner, be impressed, make offer.
Asking Price:
USD $7,520,000.00
Our Ref:
Unspecified
Terms of Sale:
Unspecified
Revenue (Income):
Undisclosed
Net Profit (Cash Flow):
Undisclosed
Time Established:
1990
No. of Employees:
12 Full Time/ 13 Part Time
Owner Financing:
No
Value of Fixtures/Fittings:
Undisclosed
Value of Stock/Inventory:
Undisclosed