Geotechnical Engineering Services

Indiana
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Asking Price:$2,550,000
Gross Revenue:$2,450,000
Real Estate:$550,000
Cash Flow:$837,000
FF&E:$934,000
Established Year:1999
BUSINESS DESCRIPTION

The company is the pre-eminent engineering services firm in the region, providing testing as a one stop solution; whether planning residential construction, retail, health care institution, religious, educational, hospitality, entertainment, roadway or utility infrastructure improvements, the company assigns a professional to each project to be involved all the way from start of planning to design and construction inspection.
The company is accredited by many of the professional and regulatory bodies prominent in the construction industry. With several decades of service generating substantial goodwill demonstrated by repeat job assignments, the company enjoys a strong referral activity. Long tenured employees make for a well-organized business the customers can rely on “for on time on budget” service, which is very valuable in the construction industry.


DETAILED INFORMATION
Location
Indiana
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,550
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Mixed-use facility set up as HQ office housing Engineers and technical staff. Shop area with sophisticated diagnostic testing instruments and space for field technicians processing soil & construction materials. Strategically located within a few hours of the most distant customer location. Specialized soil boring and transport equipment.
Competition
Strong construction volume with a pipeline of activity stretching out for several years. Well established long-term relationships with all major construction, architecture, and industrial customers. Repeat follow-up assignments for the same projects requiring on-going monitoring of specification compliance.
Growth & Expansion
Increase Engineering staff & field service technicians. Expand geographic service territory.
Financing
Qualified Buyer should possess $400,000 - $600,000 liquid funds.
Support & Training
Seller flexible depending on Buyer Civil Engineering skill level.
Reason for Selling
Retiring
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Dennis
Spitler
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Dennis Spitler