Business Summary:
This Environmental consulting and engineering firm boasts a WIP of over $1.9million and a growing pipeline of over $1.1million. They specialize in the development and implementation of creative solutions to water and wastewater management challenges for municipal, commercial and industrial clients. This business was established in 1996, marking nearly three decades of experience in the environmental consulting and engineering sector. The company primarily serves clients across several states, including MA, NY, CT, UT, and FL. Their range of services includes engineering feasibility studies, traditional engineering services, and the turnkey services of designing, building, and operating wastewater and water facilities. They operate remotely which contributes to low overhead costs and high profit margins! The team comprises a Chemical Engineer, a Construction Engineer, a CAD Drafter, and a GIS Specialist. The seller is actively involved in the business operations, spending his time on general oversight, administrative duties, and project-related work. The owner is looking to sell the business but wishes to remain active within the business post-close. They are seeking a strategic or growth minded buyer who can continue the legacy while potentially expanding its reach or service offerings. Priced at $1,250,000 a 10% down payment of $125,000 returns $181,204 in the first year after debt payments! Currently, there is no formal marketing strategy in place, which presents an opportunity for enhancement in client acquisition efforts. Additionally, hiring more staff could help manage the consistent workflow that the company experiences.
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