SOLD!

 

Details

 

Asking Price:
$250,000
Annual Sales:
$804,000
SDE:
$192,000
Inventory Not Included: $0
FF&E: $35,000
Real Estate: Lease
Employees: 5FT 
Location: Colorado
Reason For Sale: Retirement and Health

 

Business Description

Priced to sell quickly because of Owner’s health.
Employees are aware of impending sale and fully support transition – None desire ownership of business.
Serves Greater-Denver market

Buyer should have Civil Engineering or Geotechnical Background. Professional Engineers are in place so Buyer does not need to hold license. This is a great opportunity to own a business with immediate cash-flow and seasoned staff. Purchase can be made with very little down payment if you have technical qualifications. Contact Broker to understand how special financing works.

– Repeat Customers
– Strong Pipeline of future work
– Loyal, Trained Staff
– Good distribution of customers – largest under 5%

– 2 PEs (Professional Engineers) on Staff
– 3 Technicians are trained and productive

Consultants for Geotechnical Engineering, Construction Materials Testing, and Geologic Hazards Identification and Mitigation.
• Exploratory Drilling with Geotechnical Engineering Recommendations (Soils and foundation reports)
• Geologic hazard studies and mitigation design
• Ground water monitoring well installation
• Surface and subsurface drainage consulting
• Geotechnical Evaluations without drilling (in selected geologic areas)
• Geotechnical and structural observations during construction, including foundation forming, drilled pier and pile observations, reinforcing steel placement, perimeter foundation drains, damp-proofing, water-proofing
• In-house laboratory Soil and Concrete Testing
• Excavation Shoring Designs
• Building Forensic studies
• Insurance claim evaluations
Representative projects include: soil and foundation investigations and pavement designs for industrial, commercial, telecommunications, airport, and residential structures; construction observation and testing projects; geologic mapping and hazard evaluation and mitigation design, slope stability analyses, aggregate resource evaluation, ground water / wet structure evaluation and subsurface drainage designs.

Owner / Duties
Owner currently works about 40 hours per week and is responsible for final technical review for all Geotechnical and Geologic projects, as well as final review of all construction materials and laboratory testing.

The office and shop is leased through 7/2023 and can handle growth. It is expected that the Buyer will assume the current lease. Shop includes equipment necessary. A complete list is available.

 

Represented by Bill Scott. Tell me more about this business.


Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.