Asking Price: $474,995

Gross Revenue: $812,000

Cash Flow: $136,140

FF&E: $75,000

Nearly 20-year asbestos and mold abatement company in a premium Colorado market

Rare opportunity to acquire one of the few actively listed asbestos and mold abatement companies in Colorado!

This business has carved out a dominant position in one of the highest-priced markets in all of Colorado, providing a service that is completely necessary and highly price insensitive. Asbestos abatement falls within construction services and involves removing or “demo-ing” hazardous building material and hauling it away for proper disposal. State regulations often dictate if asbestos or mold must be removed, making this essential business required and non-optional for homeowners.

The business has steadily grossed annually between $800,000 and $900,000 for several years. With home services taking a pause in the spring during COVID resulting in 2020 revenue about 20% off the average, the business has come roaring back and is on pace to eclipse the $1,000,000 revenue mark in 2021.

The owner works on an administrative level, quoting out and scheduling work, but does none of the physical work himself. 5 experienced full time employees work practically year-round with 3 sub-contractors that handle overflow work.

Two large box trucks owned by the company are used to haul off waste for smaller jobs, while large dumpsters are rented for big jobs.

The business is home-based, and the current owner only rents two strategic parking spots to stage the box trucks.

A huge opportunity exists to significantly reduce travel expenses and capture neighboring high-end Colorado mountain towns. About 90% of current revenue comes from one town ONLY. Plus, the owner currently does zero advertising, and a well executed marketing campaign could bring a flood of new business.

Detailed Information

Location: Aspen, CO
Employees: 5
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Home Based
Support & Training: Up to 6 months of training will be provided (negotiable)
Reason for Selling: Retirement
Home-Based: his business is Home-Based

For more information please contact:

Sebastian Gast

7651 Shaffer Parkway Suite B2

Littleton, Colorado 80127

Telephone: (713) 492-8275

Email: [email protected]

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