Reputable Civil Engineering Firm headquartered in Texas
| Asking Price: | $3,200,000 | Inventory: | |
| Gross Revenue: | $5,800,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $866,000 (comments below) | FF&E: | $160,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Last Full Year 2008 | |||
| Cash Flow Comments: Last Full Year 2008 | |||
The Firm provides complete civil engineering capabilities to assist government agencies, utility districts and private developers throughout Texas. This Firm provides its clients with total support from project concept to design to post project monitoring including but not limited to water, water quality improvement, wastewater, street and drainage design, site developments and engineering studies.
About the Business
Year Established:1989
Employees:24 full time -
Facilities:The firm operates from leased facilities located in two high growth areas of Texas. These facilities are more than sufficient to support their current business and future growth of the business.
Market Outlook and Competition:There are many civil engineering firms in Texas but few that can compete with this firm regarding size, services and reputation. The Firm is well positioned to capitalize on continuous growth in the future. One of the primary factors that will impact growth is the fact that the state of Texas is forecasting population and job growth far exceeding other parts of the country. To support this growth there will be a need to build and improve infrastructure. This need will continue to provide ample growth opportunities for the Firm.
About the Sale
Management Training and Support:The Seller’s will offer 30-day transition period and are open to a longer-term role depending on the needs of the buyer.
Reason For Selling:The owners are planning for retirement.
Seller Financing:Seller financing is negotiable depending on the strength of the buyer.
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