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Businesses For Sale > Business For Sale in Sandy, Utah (UT)
Profitable Construction Engineering Management Company with Materials Testing Lab (Utah) for sale in Sandy, UT
Sandy, Utah (UT)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 4,000,000 |
$ 1,800,000 |
$ 1,000,000 |
Furniture and Fixtures Value:
$ 390,000 (included in the asking price)
Inventory Value:
$ 2 (included in the asking price)
Real Estate:
$ 700,000 (included in the asking price)
Business Summary:
The Transportation Engineering Alliance (TEA Group) is a Construction Engineering Management firm handling local and federally funded transportation projects.The TEA Groups main areas of business is that of managing contracts within the State Government Agencies as well as winning contracts from the Bid/Build Sector.•The TEA Group provides Resident Engineering and related services in several areas:•Materials Testing: The Company has recently added an advanced fully AMRL/CCRL accredited and staffed concrete Materials Testing Laboratory to support its inspection services. Refer to the website for a list of all Certification and Accreditations.•Project Management and Contract Administration: Budget, Scheduling, Partnering, Public Involvement Services, Traffic control and Traffic Maintenance to project close out.•Inspection and Quality Assurance: Measurement and payment protocols, Project diaries, Traffic Control/MOT, Environmental control.•Constructability Review: Assisting Designers produce actionable project documents encompassing Feasibility, Clarity and Practicality.•Value Engineering: Complex Transportation Project solutions while eliminating unnecessary costs improving efficiency by 10%-30% of total construction costs.•Research Services: The TEA Group provides expert analysis and research on a wide range of engineering topics.•Dispute Resolution Services: Includes research and testimony on behalf of Contractors, Architects, Engineers, Govt. Agencies.
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| Year
Business was Established: 2008 |
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| Number of Employees:
13-15 |
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| Facilities / Terms of Lease:
Facilities: Main Building 2900 sf Renovated: 2010 Additions: 2011 & 2013
Laboratory: 1100 sf Office: 1800 sf – 8 Work stations, Conf. Room/Poly Com Video - 2 ¾ Bathroom, Full Kitchen
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| Potential
Growth/Expansion:
Contract work in back log - $1.6 Million. The company has a strong track record securing State contracts and the track record to garner future contracts. Utah’s economy is booming and construction is on the leading edge of job growth as the fastest growing job sector in the State. Employment of Construction managers is projected to grow 16% from 2013 to 2022. |
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| Competition:
The company holds a unique position by offering services of an in-house on site materials laboratory. It’s relationships with Project Managers as a qualified Contractor in the State pool assure strong participation in this booming market. |
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| Owner
willing to finance:
Cash and negotiable terms for qualified buyers |
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| Owner
willing to train:
Transition |
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| Reason for selling:
Spend more time with family and slow down on work load. |
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Seller Reference Number: bm1595365758
BusinessMart.com Listing Number: 178057 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
949-463-4663
Shaun Hurley
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