The company is a boutique environmental service company specializing in commercial and industrial radioactive waste management, as well as the safe recycling and disposal of radioactive components in consumer products.
· Strong net income margins averaging over 45% over the most recent four years
· Company operates within a highly specific niche; there are no known competitors
· Specialized state licensing requirements offer high barriers to entry for competitors
· Long-lasting relationships with both customer and vendor base
· Proprietary product offerings create cost efficiencies in shipping for both the company and its customers
· Company operates with no long-term debt
· Integrate with other traditional remediation and service firms to provide radioactive waste management services
· Hire technical sales team versed in radioactive materials to grow business development
· Work with property management, demolition, and electrical contractors to take greater advantage of the company’s niche key services
· Take advantage of shipping services to expand B2C offerings for household radioactive waste objects
· Southern United States
· The company primarily serves environmental remediation and service companies throughout the United States, as well as internationally, and offers complementary services that include safe and licensed radioactive storage, handling, recycling, and disposal of radioactive materials.
· The business operates from a 2,278 square-foot office/operating warehouse within a prime flex industrial condo owned by the company. The location includes office, warehouse, and fenced outdoors primarily used for storage.
Ownership prefers to sell the real estate with the business.
· The two owners are approaching retirement age and seek a full exit from the company. They are open to a transition period to ensure a smooth continuation of operations, and they are open to various deal structures in order to facilitate a transaction.
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