Since its founding, the firm has grown to a platform company serving Minnesota. It is one of few firms that specializes in crime and trauma decontamination. Its restoration service offerings allow it to capture any general contracting needs that arise as a result of remediation work.
The company is an ideal acquisition for a buyer looking for a platform play. The perfect buyer will have some industry knowledge, plan to continue within the focused niche of biohazard cleanup, and be excited to obtain a contractors license to continue the full-service program offered to clients.
As one of the few non-franchise remediation providers with a focus on biohazards, the firm is more than capable of maintaining and growing its market share. Its full-service offering to include cleanup, remediation and restoration allows it to help customers from end-to-end with a verticalized solution.
The firm is well positioned to expand into other states and service lines. Being a short distance from Wisconsin makes it a prime candidate. Additional service lines such as mold mitigation and medical waste hauling would fit well within the firm’s expertise and network.
The company bases locations out of a primary office, which is owned by the current owner. It totals 5200 square feet and provides for office space as well as equipment storage. The owner will structure a 12-month lease with the buyer for $2,500/mo. This has been recast into current financial statements.
Apart from the headquarters, the company has a flexible arrangement with office space, allowing staff to meet with customers in a more formal setting when appropriate.
The owner is looking to retire.