Environmental Services & Testing

Business Overview:

This established firm specializes in environmental testing and engineering services primarily for municipal and commercialclients 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 whichincludes a Office Administrator and field inspectors. The selleris actively involved with key responsibilities includingproviding 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.

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Property Features and Assets:

Assets Included in Purchase: $222,382

Market Competition and Expansion:

Growth Opportunities: Expand into geotechnical engineering and add survey layout to services offered.

Reason for Selling:

Additional Details:

Documents:

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