Environmental Services & Testing Focused on Storm Water with $1.8M WIP
| Asking Price: | $1,800,000 |
| Gross Revenue: | $1,929,574 |
| Cash Flow: | $647,407 |
| Established Year: | 1988 |
Environmental Engineering throughout Indianna, Illinois, and Kentucky!
This established firm specializes in environmental testing and
engineering services primarily for municipal and commercial
clients with a 75% repeat client base. Their services include:
Soil & Water Sampling, Underground Tank Removal, Utility
Coordination, and erosion control. These services are crucial
for maintaining environmental integrity and ensuring that
roadway & construction projects comply with legal standards.
The company operates from two strategically located offices
in Central and Southern Indiana with service throughout
Indiana as well as Kentucky and Illinois. The company
employs a dedicated team of 13 full-time employees which
includes a Office Administrator and field inspectors. The seller
is actively involved with key responsibilities including
providing general oversight to the team, approving payroll,
reviewing the bids with the engineers. 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 to 1 year transition period in order to show good faith
in the continued success of the business moving forward.
This transition presents an opportunity for new ownership to
continue the legacy of quality service while potentially
expanding operations further.
Priced at $1,800,000 a 10% down payment of $180,000 can
return $255,231 in the first year after debt payments! 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.
