Off-Market

Massachusetts

Public Health and Food Safety Consulting Firm for Sale – Greater Boston Area

Business Details

Location: Massachusetts

Year Established: 2022-06-30

Number of Employees: 5

Facilities and Assets: The Business operates out of a laboratory facility, which also houses office space. The facility is owned by a related entity and current ownership has prioritized routine maintenance of the building to ensure that it remains in good condition. The facili

Support and Training: Ownership is willing to provide reasonable and customary assistance during the transition period.

Reason for Selling: Ownership is looking to transition into retirement.

Revenue:

$750,888


Cash Flow:


$155,903


Real Estate Value:


$750,000

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Investment Highlights

  1. Strong Base of Recurring Revenue: Approximately 85% of the Company’s revenues are earned from longstanding client retainers, which provide significant visibility into the Company’s future operating performance
  2. Diversified Service Offerings: The Company offers a wide spectrum of services for clients in the areas of food service testing and laboratory analysis, facility health and safety inspections, pest control solutions, expert mitigation and litigation consulting, and more.
  3. Resistance to Downturns: Many of the Company’s services are required, regardless of economic sentiments. Federal, state, and local regulatory agencies mandate routine health and safety inspections of food service establishments.

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Growth Opportunities

  1. Increasing Food Service Demand: The Company’s services are increasingly in demand as food service establishments continue recovering from the COVID-19 Pandemic. Additionally, new safety standards are being imposed due to the COVID-19 Pandemic.
  2. Expanded Sales Efforts: Presently, the Company’s revenues are driven primarily through long-standing client relationships. Current ownership notes that excess capacity could be satisfied by increasing sales and marketing efforts to grow the Company’s client base.
  3. Massachusetts State Frozen Food Requirements: All frozen food establishments in the state of Massachusetts, retail or wholesale, must obtain licensing through the local health department. The Company can fulfill these testing requirements, presenting further opportunities for growth.

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