Long Established Civil Engineering Firm
Location California,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $7500000
Net Profit / Cash Flow $3350000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1993
Number of Employees 20 - 34
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training Seller will provide training.
Reason for Sale Retirement.
Description This Civil Engineering firm established 14 years ago provides the highest level of service and technical capabilities in the fields of Municipal Services, Public Works and Infrastructure Services, Public Finance, Land Development and resource management. The specific service disciplines include:
1.Waste water Reclamation Facilities, Collection & Distribution System
2.Infrastructure Master Planning and Finance Programs, Cost Evaluations & Service Rate Studies.
3.Tax-Exempt Public Debt Financing Districts & Programs
4.Urban Planning, Environmental Resource Management and Regulatory Agency Compliance & Entitle Procurement.
5.Solid Waste and Sludge Management & Disposal.
6.Geotechnical Engineering & Site Evaluations
7.Project Management, Cost and Scheduling Control, and Construction Management.
8.Land Planning & Specific Plans
9.Land Use & Project feasibility Studies
10.Biological, Cultural Resource, Air Quality & Acoustic Assessments
11.Environmental Impact Assessment & Resource Management and Federal, State & Local Environmental Regulatory Compliance.
12.City & Town Planning for Municipalities
13.City Engineering & Public Works
14.Sewer Line Maintenance and Cleaning
15.Community & Economic Development
16.Redevelopment Program Implementation.
17.Municipal Finance, Budgets & Billing Systems
There are 3 Principals running this business with about 29 employees. One of the Principals is a Professional Civil Engineer. The other two have Degrees in Urban Planning.
This business has done very well and the annual revenues have been going up at the rate of over 20% for last 3 years. 2009 revenues are expected to top $7.5 million mark. They have a backlog of orders for over $18 million to be executed over the next 5 years. Owners are flexible and willing to stay for up to 1 year for a smooth transition and are also willing to carry a note for $1 million. The reason for sale is retirement.
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