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Environmental Services with 3 Engineers
Focused on Storm Water & Testing!
CASH FLOW
$837,518
Specifications
Services include Storm Water Design and Inspections, Erosion Control, Environmental, Soil, Water, and Air Testing, and Environmental permitting. 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 mainly in Indiana with some clients also in Illinois and Kentucky. They boast a current work in progress of over $1 Million. The company employs a dedicated team of 10 which includes 3 Licensed Engineers, 6 Inspectors, a Geologist, and Office Admin. They operate out of two offices strategically placed in Central and Southern Indiana. Location 1 is a spacious 4,500 sq ft; the 2nd location is 500 sq ft. both locations support the Engineers and field inspectors. Included in the purchase are assets valued over $450,000 which includes $222,385 in vehicles, $111,489 in field equipment, and $44,297 in office furniture in addition to operating capital of $85,000 - $100,000. The owner is retiring 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 provides general oversight to the team, approving payroll, reviewing the bids and projects with the engineers. Priced at $2,100,000, 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), approximately 75% of the revenue collected comes from the designation, a buyer will need to qualify for DBE, WBE, or Veteran to continue with the contracts awarded.
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210 N 78th St. 2nd FloorOmaha, NE 68114
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f 402.939.0857