Asbestos Removal Service Business Plan, Marketing Plan, How To Guide, and Funding Directory
The Asbestos Removal Service Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Our product line also features comprehensive information regarding to how to start an Asbestos Removal Service business. All business planning packages come with easy-to-use instructions so that you can reduce the time needed to create a professional business plan and presentation.
Your Business Planning Package will be immediately emailed to you after you make your purchase.
- Bank/Investor Ready!
- Complete Industry Research
- 3 Year Excel Financial Model
- Business Plan (26 to 30 pages)
- Loan Amortization and ROI Tools
- Three SWOT Analysis Templates
- Easy to Use Instructions
- All Documents Delivered in Word, Excel, and PDF Format
- Meets SBA Requirements
Over the past 30 years, the demand for asbestos removal services has increased substantially. Given that this material is highly toxic and cancer-causing, many building owners, property owners, and real estate investment firms have taken to hiring asbestos removal services in order to redo the interiors of these buildings and homes so that they are compliant with the law. Of course, given that no new construction uses discussed this – this industry had does have somewhat of a short-term life given that at some point all asbestos from buildings will be removed. However, this still may be several decades away given that there are a substantial number of old construction issues within the United States. The demand for the services that is not only within the private sector but also within the public sector as well. As such, these businesses are highly economically stable at the moment. Most importantly, the barriers to entry are considered moderately high given that a contractor needs to be licensed to properly remove this business from the building. The rest margins generated from services are moderately high as well. However, the startup costs and ongoing employee cost can be somewhat expensive.
Given the extremely high demand for asbestos removal services, financial institutions are generally willing to provide a significant amount of capital to these businesses given their economic stability. If an entrepreneur is raising capital, then they are going to need to have a well-developed business plan. An asbestos removal service business plan should contain a three-year profit and loss statement, cash will analysis, balance sheet, breakeven analysis, and business ratios page that clearly showcases the anticipated revenues, expected expenses, and anticipated profits. Any bank or financial institution is going to want to see this document before they render a lending decision. Within this document as well a full market analysis regarding the number of buildings that have asbestos, the costs that are associated with removing the asbestos, and other important issues regarding how services we rendered should be included in the business planning document as well.
And asbestos removal marketing plan is needed, but can be somewhat limited. Most importantly, an entrepreneur entering this field needs to have ongoing relationships with general contractors, realty investment firms, and other entities that deal in real estate. Generally speaking, a marketing campaign that focuses on the general public is not needed given the highly specialized nature of the services. However, it is important to have a online presence given that many people – including companies – frequently find specialized services online. As such, on this website it should be noted that the business is licensed to remove asbestos, hours of information, preliminary pricing information, contact information, and other issues that a customer needs to be aware of before the company render services.
Most entrepreneurs will also conduct a SWOT analysis which focuses on the strengths, weaknesses, opportunities, and threats that are faced by these companies. As it relates the strengths, and asbestos removal service is able to remain profitable all times while generating very high gross margins from their services. Relating to weaknesses, as stated above one of the issues it’s going to occur within this industry is that it will die off within the next 10 to 20 years given that there are no new constructions that features best this is one of the primary building materials. For opportunities, many firms will hire additional personnel that are properly trained and qualified to render the services to clients. For threats, outside of the limited shelf life of this industry there are no real threats beyond any competitive issues.
Asbestos Removal Service Business Plan (text of the plan – sample images only)
The purchased plan’s financial figures are specific for an asbestos removal service.
1.0 Executive Summary
The purpose of this business plan is to raise $100,000 for the development of a asbestos removal contracting business while showcasing the expected financials and operations over the next three years. The Asbestos Removal Service, Inc. (“the Company”) is a New York based corporation that will provide removal of asbestos within structures in its targeted market. The Company was founded by John Doe.
1.1 The Services
The Company provides demolition services to building owners and property managers. All of the services by the Company will be rendered on site through the Company’s trained HAZMAT employees.
The third section of the business plan will further describe the services offered by the Asbestos Removal Service.
1.2 Financing
Mr. Doe is seeking to raise $100,000 from as a bank loan. The interest rate and loan agreement are to be further discussed during negotiation. This business plan assumes that the business will receive a 10 year loan with a 9% fixed interest rate. The financing will be used for the following:
- Development of the Company’s office.
- Financing for the first six months of operation.
- Capital to purchase a Company vehicle and installation equipment.
Mr. Doe will contribute $10,000 to the venture.
1.3 Mission Statement
The Asbestos Removal Service’s mission is to be a recognized leader and preferred provider for our valued customers; by delivering outstanding asbestos removal services in accordance with all laws.
1.4 Management Team
The Company was founded by John Doe. Mr. Doe has more than 10 years of experience in the contracting industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.
1.5 Sales Forecasts
Mr. Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years.
1.6 Expansion Plan
The Founder expects that the business will aggressively expand during the first three years of operation. Mr. Doe intends to implement marketing campaigns that will effectively target building owners and real estate contractors within the target market.
2.0 Company and Financing Summary
2.1 Registered Name and Corporate Structure
Asbestos Removal Service, Inc. The Company is registered as a corporation in the State of New York.
2.2 Required Funds
At this time, the Asbestos Removal Service requires $100,000 of debt funds. Below is a breakdown of how these funds will be used:
2.3 Investor Equity
Mr. Doe is not seeking an investment from a third party at this time.
2.4 Management Equity
John Doe owns 100% of the Asbestos Removal Service, Inc.
2.5 Exit Strategy
If the business is very successful, Mr. Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Asbestos Removal Service. Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings.
3.0 Products and Services
Below is a description of the services offered by the Asbestos Removal Service.
3.1 Services
The Company will specialize in providing internal removal of asbestos for individual homeowners (rare), building owners, general contractors, and property management firms. The business will provide its services in accordance with all state and local laws as it relates to the removal and disposal of asbestos. The business will generate extremely high gross margins from the Company’s services.
4.0 Strategic and Market Analysis
4.1 Economic Outlook
This section of the analysis will detail the economic climate, the contracting industry, the customer profile, and the competition that the business will face as it progresses through its business operations.
Currently, the economic market condition in the United States is moderate. Unemployment rates have declined while asset prices have risen substantially. However, any economic recession should only have a modest impact on the Company’s ability to generate revenues.
4.2 Industry Analysis
According the U.S. Economic Census, specialized contractors generated gross revenues of $18 billion dollars. The industry employs 170,000 people and outputs gross annual payrolls of $4.7 billion dollars.
The growth of this industry is expected to remain stable over the next 20 years. After 20 years, the expected growth rate will taper as buildings with asbestos will have been completely removed or demolished by this point.
4.3 Customer Profile
The Company anticipates that a majority of its clients will be building owners and property management firms contracting on behalf of building owners. Management expects that the Asbestos Removal Service’s client base will consist of commercial, industrial, and residential clientele. However, Management anticipates that its largest client base will come from the commercial and industrial arena.
4.4 Competition
This is one of the sections we discuss in the purchased document.
5.0 Marketing Plan
The Asbestos Removal Service intends to maintain an extensive marketing campaign that will ensure maximum visibility for the business in its targeted market. Below is an overview of the marketing strategies and objectives of the Asbestos Removal Service.
5.1 Marketing Strategies
The business will also seek to develop relationships with property managers and building owners so that the Company is called on for asbestos removal from time to time. These clients are of immense importance to the success of the business as these owners/property managers have ongoing internal asbestos cleaning needs.
The Company will maintain a sizable amount of print and traditional advertising methods within local markets to promote the services that the Company is selling.
6.0 Organizational Plan and Personnel Summary
7.0 Financial Plan
7.1 Underlying Assumptions
The Company has based its proforma financial statements on the following:
- The Asbestos Removal Service will have an annual revenue growth rate of 16% per year.
- The Owner will acquire $100,000 of debt funds to develop the business.
- The loan will have a 10 year term with a 9% interest rate.
7.2 Sensitivity Analysis
The Company’s revenues are not sensitive to changes in the overall economy. Asbestos Removal Services are needed despite any drawbacks in economic markets as people will continue to hire these firms to remove asbestos from their buildings and properties. As such, the Asbestos Removal Service should be able to remain profitable and cash flow positive at all times.
7.3 Source of Funds
7.4 Profit and Loss Statement
7.5 Cash Flow Analysis
7.6 Balance Sheet
7.7 Breakeven Analysis
