Professional Civil Engineering Firm (37595)
ConstructionFor Sale in CA
Financial & Assets Details
About the Business
SDE around 50% of revenues with approximately $2M in municipal contracts to complete! Offering an earn-out opportunity, the company is a professional civil engineering firm specializing in planning, design, surveying and construction and operations support for municipal flood control and wastewater infrastructure. The primary services revolve around their Long-Term Agreements (LTA) with their local Utilities and Public Works Departments. While the company operates from a leased 1,000-square foot facility, the business could easily be operated from home or a different location. Offering these services requires a Civil Engineering License and personnel with significant industry experience. While manager training is currently underway to make for a smoother transition, the current owner is willing to negotiate an extended role with the business. The company has a proven track record supported by 21 years of ongoing business. The marketing efforts focus on targeting municipal entities near the Greater Sacramento Area of California. Due to a strong reputation and multiple contract agreements, significant growth is foreseeable. In 2018, the total revenue was $215,424 with Seller’s Discretionary Earnings of $124,000 rounded. With a reliable customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones. Equipment, inventory, financing, earn-outs, A/R and WIP are negotiable at time of sale.
Financing may be negotiable for the appropriate buyer.
Facility is Leased.
Support & Training
The owner will be available for a standard transition period.
Reason for Selling: