This firm has been specializing in environmental testing and
engineering services for over 30 years primarily for state and
commercial clients with a 75% repeat client base. Services
include Storm Water Design and Inspections, Erosion
Control, Environmental, Soil, Water, and Air Testing, and
Environmental permitting. They boast a current work in
progress of over $1.9M with included operating capital of ~
$86K. The company employs a dedicated team of 10 which
includes 3 Licensed Engineers, 6 Inspectors, a Geologist, and
Office Admin. The seller is selling the firm as part of
succession planning due to her age. She has offered to carry
10% of the purchase price coupled with a 6-month training
period plus an additional 6 months of consulting in order to
show good faith in the continued success of the business.
The seller is involved with key responsibilities including
providing general oversight to the team, approving payroll,
reviewing the bids and projects with the engineers.
Priced at $2,300,000, this business stands out as a reputable
provider of essential environmental testing and engineering
solutions with a strong foundation built over decades of
experience. This business carries two designations that play
a vital role in their success: Women-Owned Business
Enterprise (WBE) and Disadvantaged Business Enterprise
(DBE) designations. Approximately 75% of the revenue
collected comes from these designations, a buyer will need to
qualify for DBE, WBE, or Veteran to continue with the
contracts awarded.
- Asking Price:
- $2,300,000 Furniture / Fixtures included
- Sales Revenue:
- $1,838,210
- Cash Flow:
- $823,064
Business Operation
- Expansion Potential:
-
Growth Opportunities: Expand into geotechnical
engineering and add survey layout to services offered
- Reasons for selling:
-
Retirement/ Age
- Employees:
- 10
- Years established:
- 1992
Other Information
- Support & training:
-
6-month training with additional 6
months of consulting
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
10% Seller Financing $230,000
- Furniture / Fixtures value:
- $464,521 - included in the asking price
