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BIZBITE
345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked
Service
70
/100 score
Strong

Industrial Hygiene Consulting

OSHA requires it, lawyers demand it, and there are almost no small operators to deliver it

Industrial hygienists assess workplace environments for health hazards — chemical exposure, noise, air quality, ergonomics, radiation, and biological agents — and produce compliance reports that protect companies from OSHA citations, workers' compensation claims, and litigation. The field is undersupplied: the ABIH counts fewer than 9,000 Certified Industrial Hygienists (CIHs) in the US, while OSHA enforcement and plaintiff attorneys create consistent demand. Clients include manufacturing plants, chemical facilities, construction contractors, hospitals, and municipalities. A solo CIH billing $150–$300/hour can generate $250K–$500K/year; firms with 3–5 hygienists regularly cross $1M+. The certification barrier (CIH requires an exam plus qualifying experience) creates durable competitive moats once established.

Avg Revenue

$700K

Profit Margin

58%

Acquisition Multiple

2x - 4x

Startup Cost

$20K - $75K

Difficulty

4/5

How It Works

The CIH visits client facilities to conduct exposure assessments: air sampling for chemicals (using NIOSH-method pumps and laboratory analysis), noise dosimetry, wipe sampling for metals and asbestos, and ergonomic surveys. Samples are sent to accredited laboratories; results are interpreted against OSHA PELs, NIOSH RELs, and ACGIH TLVs. The final report documents findings, compliance status, and control recommendations. Repeat visits happen at regulatory-specified intervals (annually for many OSHA standards) or after process changes. Retainer contracts with large manufacturing clients provide recurring revenue. Expert witness work on occupational disease litigation bills at $300–$600/hour and is a high-margin revenue stream for experienced CIHs.

Revenue Range

Low End
$250K
Typical
$700K
High End
$1.8M

Real Acquisitions in This Category

SBA 7(a) change-of-ownership loans · NAICS 541620 · Environmental Consulting Services

Deals tracked
23
8 in last 24 mo
Median loan
$578K
$335K–$1.5M p25/p75
Implied deal size
$680K
median · ~85% LTV
Charge-off rate
not enough resolved loans

Deal Size Distribution

<$150K
2
$150K–500K
7
$500K–1M
5
$1M–2M
5
>$2M
4

Deal Flow Over Time

Deals per year · median loan
$1.6M
2020
2
$578K
2021
5
$335K
2022
3
$1.4M
2023
4
$226K
2024
1
$1.8M
2025
5
$335K
2026
3
12-month momentum
+200.0%
deal volume vs prior 12 mo
Median loan Δ
-55.2%
6 recent · 2 prior

Financing Profile

Median rate
9.00%
0% fixed · last 24 mo
Median term
120 mo
standard 10-yr
Collateralized
91%
of loans secured
Median jobs
5
supported per deal
Top lenders in this space
Fulton Bank, National Association2
Wilmington Savings Fund Society FSB2
SouthState Bank, National Association2
First Bank1
Washington Trust Bank1
Where deals happen
CA4
IL3
MD2
WA2
WY2
NJ2
TX2
CO1
PA1
NV1

Recent Comparable Deals

ClosedStateLoanImplied dealJobsFranchise
Dec 2025WY$775K$912K4
Nov 2025NJ$335K$394K
Nov 2025NJ$25K$29K
Sep 2025PA$1.8M$2.1M13
Sep 2025WA$3.1M$3.6M2
May 2025CA$565K$665K12
Mar 2025SC$2.2M$2.6M9
Dec 2024CA$810K$953K5
Feb 2024WA$226K$266K3
Jan 2023TX$1.3M$1.5M3
Volume rank #223/534Deal-size rank #334/534Momentum rank #14p90 loan: $2.2MData as of Dec 2025

Source: SBA 7(a) FOIA dataset, filtered to acquisitions (loans where business age is "Change of Ownership"). Implied deal size assumes an 85% loan-to-purchase ratio, a common SBA change-of-ownership structure. Charge-off rate shown only when 10+ loans have resolved (paid in full or charged off). Interest rates reflect last 24 months only. Actual deal values vary with equity injections, seller financing, and working capital terms.

Pros

  • +Under 9,000 CIHs nationally versus thousands of facilities with mandatory compliance needs — market is structurally undersupplied
  • +Regulatory and litigation drivers make demand non-discretionary for industries with significant chemical or noise exposure
  • +Expert witness engagements on occupational disease cases bill at $300–$600/hour with no field work — pure margin
  • +Retainer contracts with large manufacturers create predictable monthly revenue with minimal ongoing sales effort

Cons

  • -CIH certification requires passing a rigorous exam and documenting qualifying work experience — not an overnight credential
  • -Solo practice creates key-person risk; clients may not transfer if the certified hygienist exits
  • -Sampling results and expert opinions can be challenged in regulatory hearings or litigation — professional liability exposure

Best For

Certified Industrial Hygienists or EHS professionals who want to convert their expertise into a high-margin consulting practice with recurring industrial clients

Operating Costs

At $700K revenue: staff hygienist salaries run 25–30%, lab analysis fees 8–12%, sampling equipment and calibration 4–6%, E&O insurance and professional liability 3–5%. Solo CIH owner-operators net 55–65%. Adding staff compresses margins to 40–50% until their billings fill.

SBA Financing Estimator

Adjust the deal — see if it cash flows after debt service

+$23K/mo
after debt service
Deal price — $1.1M
Range: $1.1M (2×) to $3.5M (4×+)
Down payment — 15% ($158K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 9.00%
SBA median for this category: 9.0%
Loan term — 10 years (120 mo)
SBA median for this category: 120 months
Down payment
$158K
15% equity injection
Loan amount
$893K
85% SBA-financed
Monthly payment
$11K/mo
$464K total interest
Monthly profit
$34K/mo
at 58% margin
Monthly cash flow after debt service
+$23K/mo
Down payment paid back in ~7 months — strong return

Estimates only. Excludes owner compensation, capex, working capital draws, and taxes. Margin assumes average occupancy and volume. Actual SBA terms vary by lender and borrower profile.

Where to Buy

AIHA Marketplace

American Industrial Hygiene Association — industry directory and professional network for buyer introductions

BizBuySell – Environmental & Safety Services

Search for EHS and industrial hygiene consulting firms for sale

70/100Strong

Acquisition Score

Profit margin
30/30
Entry multiple
21/25
Market depth
1/20
Risk (charge-off)
8/15
Deal momentum
10/10

Scores margin (30), entry multiple (25), SBA market depth (20), category risk (15), and deal momentum (10). Higher = better acquisition candidate.

Quick Facts

Category
service
Difficulty
4/5
Buy price
$1.4M$2.8M

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