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Geotechnical Engineering Drilling Testing Environment
Location: United States -> Tennessee
Industry: Professional Services > Consulting




Business Summary

Small Tennessee firm offering professional engineering services in the geotechnical engineering, construction materials testing, and environmental consulting arenas. Firm also offers in house soil and rock drilling/sampling capabilities.

Firm has worked on numerous small and larger projects over the last 12 years. Many projects have consisted of commercial buildings, offices, hospitals, schools, bridges, roads, residential, water treatment & storage, industrial, and military. Typical services may include:

Geotechnical drilling, laboratory testing of soil samples, and reporting;
Phase I and II environmental site assessments;
Subgrade and foundation evaluations, soil compaction verification, concrete/mortar/grout testing, and Special Inspections.

Owner wishes to pursue non engineering/construction business ventures while staying involved with business in a secondary role. Owner is open to inquiries from companies, individuals, or brokers regarding a sale for all or a portion of company. Owner is not retiring. Asking price includes drill rigs, trucks, equipment and other assets - but will sell without all assets (i.e. drills).

Will also consider sale of just construction testing business alone - with conditions. CMT business exceeded $325k in fees in 2011.

Asking price equals 1 x yearly gross fees + fair market value of big ticket assets (drills, trucks, etc.). Owner financing terms are available.

Confidentiality is required.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $550,000
Cash Flow:   $150,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  240000 approximate
Seller Financing:  Yes

About The Business

Year Established:  2000
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes. Owner desires to stay involved in secondary role.
Reason For Selling:  After 12+ years in the drivers seat, Owner has other non engineering/construction business interests. Owner is not retiring.

Photos

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Geotechnical Engineering Drilling Testing Environment Photo 1 Geotechnical Engineering Drilling Testing Environment Photo 2 Geotechnical Engineering Drilling Testing Environment Photo 3




Print Listing Id: 700166559
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Also See: Franchise Opportunities > Franchise Resales > Tennessee Businesses For Sale > Tennessee Franchises For Sale > Tennessee Business Brokers



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