SOLD: Tech–2269: Reputable NELAP Certified Environmental Lab – Strong Revenue, Growth Potential

State-of-the-Art, Well-Reputed Environmental Laboratory in the Mid-West Having Strong Revenues
and with Excellent Growth Potential

NELAP-certified, serving multiple states


Disclaimer: Technologypark has not independently verified any of the information in these descriptions, and makes no warranty as to their accuracy or completeness. It is also recommended that the buyer consult with an experienced attorney experienced in regulations governing the operations of such laboratories.


COMPANY INFORMATION

laboratory picture1The Company is an environmental laboratory with modern, state-of-the art instrumentation in a spacious well-designed, over 14,000 square feet facility, providing ample room for growth. It is based in a major city in the Mid-west, yet it services clients throughout the United States and Canada. The Lab provides analytical services for industrial clients, waste water facilities, environmental consultants, dialysis centers and government entities.

It also have field technicians and can provide field services in three different states.

SERVICES
The Lab analyzes water, wastewater, soil, oil and solid samples for EPA compliance. It also analyzes a variety of other samples in support of the biochemical, pharmaceutical, steel processing, coke producing and aggregate industries.

The Company provides:

  • Environmental Analysis, Including:
    • Hazardous Waste Characterization/TCLP
    • Wastewater Testing
    • Drinking Water Testing
    • EPA’s NPDES Testing – Whole Effluent Toxicity (WET) testing
    • Sample Matrices: Liquids, Soils, Oils, Solvents
  • QA/QC Data Packages
  • Environmental Field Sampling Services
  • Microbiological Testing
  • Miscellaneous / Custom Environmental Services

The Company’s instrumentation and analytic capabilities include:

  • METALS

-ICP
– Hexavalent Chromium
– Mercury by CVAA
-Low-Level Mercury (1631)

  • ORGANICS

-GC, GC-MS, GC-FID, HPLC
– Volatiles, Semi-Volatiles
-Pesticides, Herbicides
– PCBs
– FTIR

  • INORGANICS

-Ion Chromotography
– Nitrogen, Phosphorous, Chlorides, Cyanides, Phenolics
-UV-VIS
– Automated Discrete Analyzer
– DO, BOD/CBOD, COD, Conductivity, Chlorine
– pH, Alkalinity, Hardness, Solids
– Sulfate, Sulfide, Sulfite
– TOC/TOX, Fluoride, Oil & Grease
– % Ash, BTU, Ignitability, Paint Filter
– Surfactants, Specific Gravity

  • RCRA-TCLP

-Metals, VOC, Semi-Volatiles
– Pesticides, Herbicides
– RCI

  • Microbiologicals

-L.A.L.
-Coliform, fecal
-Coliform, Total Potable
-Coliform, Total Non-Potable
-Coliform, MPN
-Streptococci, Fecal
– Total Plate Count

CERTIFICATIONS AND ACCREDIATATIONS
The Company has NELAP certification and also is certified in three states.

ASSETS / RESOURCES
The company is very well-equipped with modern instrumentation. Some of its capabilities are as below. The assets are valued at about $1 million in fair market value.
Some of the equipment include:

Organics

  • Gas Chromatographs (GC’s)
  • Gas Chromatographs/Mass Selective Detectors (GS/MS)
  • High Pressure Liquid Chromatographs (HPLC)

Wet Chemistry

  • Seal Auto Analyzer
  • Total Organic Carbon (TOC) Analyzers
  • Total Organic Halogen (TOX)
  • Calorimeters
  • UV/VIS Spectrophotometers
  • pH Meters
  • Conductivity Meters
  • Nephelometers
  • Closed-cup Flash Point Testers
  • Distillation Manifolds
  • Fourier Transformer Infrared Spectrometer (FTIR)

Metals

  • ICP/OES Spectrometers
  • Cold Vapor (CVAA) & Flame AA

Field Services

  • IT Portable ISCO Automated Samplers
  • 6 Storm Unit
  • 8 Flow Meters

EMPLOYEES 
The lab is run with a professional staff of 28 full-time and three part-time employees.

GROWH PROSPECTS

laboratory picture 2The Company is the largest player in the region and with the right strategic vision can leverage its capabilities to go to the next level. In addition to expanidng into newer areas such as Fracking, it can also expand its Geographic reach due to NELAP certification.

FINANCIAL HIGHLIGHTS
2012 Revenue: $2.63 million, Adjusted EBITDA: $372K; Fixed Asset Value: ~$1 million.

Asking Price: $1.8 Million

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