Traffic Engineering and Transportation Planning Firm on the Gulf Coast
For Sale in LA
Financial & Assets Details
About the Business
The company is a traffic engineering and transportation planning company with a longstanding history in its service areas. The company also provides other civil engineering services including road design.
· Has experienced tremendous revenue growth in 2018 after being awarded as a Prime contractor on a large government contract
· Has Retainer Contracts with numerous municipalities and agencies
· The company is licensed in three states
· Has provided traffic engineering & parking services for numerous nationally recognized events
· High customer retention rate, with upwards of 85% of its sales coming from repeat business
· Owns a wide selection of software and state of the art equipment to be able to offer its services to a broad spectrum of projects
· Experienced employees with leadership skills allow the company to operate smoothly and efficiently
· Visible community support
Growth & Expansion
· Great opportunity for a larger organization to expand into the traffic engineering and transportation planning sector
· The strong national economy is prime for the industry´s consolidation
· Enter into the Construction Inspection phase on existing projects
· Seek staff augmentation opportunities in the energy/utilities sector
· Pursue work for the retainer contracts that the company holds
· National focus on the importance of infrastructure improvements will result in increased needs for engineers and planners
· The majority of the company's projects are city, state, and local government contracts. The company also provides its services to private developers, contractors (roadway, commercial buildings, etc.), and architects. The company is making a new market initiative in the utility/energy sector. The company is licensed in three states.
· The company has three owners that would like to see their company grow and each would like to continue to grow with it. They are open to a full or partial sale and are open to a deal structure to achieve their growth goals.