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Turnkey Environmental Remediation Contracto
Location: United States
Industry: Business Services > Construction




Business Summary

Overview
- Provider of environmental remediation services including:
- Implement remedies that reduce environmental risks
- Marine dredging
- Design and engineering solutions
- Customers across multiple industries:
- U.S. Government
- Utility
- Construction
- Manufacturing
- Environmental award winner for dredging innovation
- Versatility in services offered, able to self- perform more work than competition
Future Story
Double revenue to $72 million in 3 years
- Increasing services offered to existing client base
- Enter electric transmission restoration sector; bids range from $1 million to $25 million.
- Environmental remediation to register 8.7% CAGR between 2021-2026 to reach $158.8 billion
Sustainability
- Revenue backlog of $20 million
- 30 active contracts
- 63% of revenue comes from recession-proof utility industry
Defensibility
- High bid-to-win ratio
- Impeccable safety record
- Lower overhead than other bidders
- Preferred contractor for top 2 clients
- Significant company re-investment into assets and specialty equipment to capture more market share
- Patent pending for proprietary marine dredging technology


Financials

Asking Price Range:  $20.0M - $35.0M
Gross Revenues:   $36,600,000
Cash Flow:   $7,100,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2001
Number of Employees:  50 - 99
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased




Print Listing Id: 700363934
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