Business Description

2024 is poised to be an incredible year, with several jobs that faced delays in 2023 now successfully awarded in the current year. As of January 16th, contracts totaling over $1 million have already been secured for 2024.

* Well-established, nationally recognized, niche radiological firm
* Clean books and records
* 25+ years in business with a solid reputation
* A recognized leader in the development of innovative techniques and procedures within the industry
* 90% of their work is from previous customers and referrals
* The business can be located anywhere
* Massive growth opportunities to serve the entire world (abandoned wells, synergistic partnerships, open satellite offices, etc.)

The business has established itself as a prominent leader in the small business sector, serving as a national provider of comprehensive radiological services, environmental consulting, and remediation solutions tailored to address the diverse requirements of both government and industrial clients. Their solid reputation is built upon a foundation of technical expertise, extensive resources, financial stability, widespread presence, and unwavering commitment to client satisfaction. They are renowned for delivering prompt, high-quality, and forward-thinking services that reflect their dedication to excellence.

The dedicated team offers expert radiological support services to the Department of Energy, Department of Defense, and private licensees dealing with by-products and source materials. They strategically concentrate on their target markets while upholding a strong commitment to customer service. Through this approach, the business has systematically broadened its service offerings, expanded its geographic reach, and grown its client base. With a well-established presence, they are poised to deliver comprehensive environmental services customized to meet the needs of their clients throughout North America. The company regularly performs services in the U.S. from California to Maine and has served Africa, Djibouti, Japan, the Philippines, and Singapore in the past.

Their technical excellence, depth of resources, financial strength, national presence, and client focus is the basis for their reputation of providing responsive, high-quality, and innovative services.
Ad#:2184529

Employees: 6

Furniture, Fixtures, & Equipment (FF&E): Included in the asking price

Facilities: The approximate fair market value of the remediation equipment including vehicles, instrumentation, office equipment, etc. is approximately $500K - $600K. Approximately $30K of this is the office furniture and equipment. They don't have an inventory per se but do have PPE, equipment, tools, and other items that they utilize on multiple projects regularly.

Growth & Expansion:

* Advertising and marketing - currently rely on word-of-mouth * Unlimited possibilities to expand throughout the world * Major remediation funds have been allocated by the Biden administration to the Corp of Engineers, EPA, DoD, DoE, and States for clean-up activities. * Projects that have been awaiting funding are being looked at again * If combined with a larger remediation group they would be an excellent fit as a niche market for the company, and the technicians could be working on similar types of projects (demolition, haz waste, etc)

Reason for Selling:
The proprietors are approaching the end of their careers.

 

 

 

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Business Listed By:
Wayne Wright

Wright Business Advisors

 

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