Workplace Safety and Risk Management Firm
Off-MarketChampaign, IL
Workplace Safety And Risk Management Firm
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$720,000
$650,000
90.3%
1992
30+ Days
Customers
The company's client base breaks down to approximately 40% construction, 40% general industry, and 20% other sectors including universities, US government, and state government projects. Services operate across the United States and internationally, with the bulk of projects inside the USA.
Customer Acquisition
The company has spent $0 on advertising in 30 years, relying entirely on word-of-mouth referrals and existing client relationships.
Team
The company uses 1099 independent contractors for project support. All contractors are either Certified Safety Professionals (CSP) or Certified Industrial Hygienists (CIH), with relevant degrees and comprehensive certification exams.
Owner's Role
The owner's wife runs the company while the owner provides the majority of the services.
Reason for Selling
The owner is 66 years old and looking to explore new opportunities with one of his sons.
Contracts
Yes
Real Estate
The company operates from the owner's home with minimal equipment costs.
When Are You Looking to Sell
6-12 months
Licenses Required
Not required, but being a CSP significantly increases ability to win contracts.
Additional Notes
The owner estimates the company turned down five to ten times its annual revenue due to self-imposed capacity constraints. The primary limiting factor for growth is the couple's aversion to hiring full-time employees.
Business ID: 1743
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