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- RE: Geotechnical & Soil Testing Company
- Contact: John Kraft
Quick Facts
Asking Price: | $395,000 | |
Annual Revenue: | $377,358 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $158,174 | |
Total Debt: | Not Disclosed | |
FF&E: | $106,995 | |
Real Estate: | Not Disclosed | |
Year Established: | 1998 | |
Employees: | 6 | |
BBN Listing #: | 935222 | |
Broker Reference #: | 1017-18085 |
Business Overview:
Price Reduced at this North Florida Engineering & Soil Testing Company. This business has provided civil engineering evaluations & soil testing, geotechnical studies, and construction testing activities on over 5,600 projects in the past 25 years. Services include subsurface explorations & evaluations for commercial/residential properties environmental studies & construction materials testing. Everything is in place. Turn key deal for a qualified PE buyer. The seller will agree to remain for up to one year with the new Owner. $50K Owner financing for qualified buyer.
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Property Features and Assets:
This company is strategically located in North Florida with offices well suited for this type of engineering service with easy access to major highways. Testing Equipment and heavy equipment used in soil drilling are stored on-site. The Seller leases his location and relations with the landlord are very favorable.
Assets = $107,095
Market Competition and Expansion:
This company is the “go-to” firm for some of the biggest projects in the region requiring expert engineering analysis for foundation design to the smallest evaluations for residential work. They work with most major consulting, contracting, and institutional entities in North Florida and South Georgia. Some of their regular customers include structural and civil engineers, architects, large and small contractors, developers, local government, and private owners. This company has great relationships with the people that steer these companies and these relationships result in regular referral business. Recent price increases for the company’s customers have not slowed the workload. Projects in the region where this business is located continue to increase and this company is benefiting from this steady increase in development throughout this area. After new clients have had the customer experience working with this business, they "become customers for life."
Reason for Selling:
Seek other opportunities unrelated.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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