Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Business For Sale. Geotechnical Engineering And Construction Materials Testing Firm

LISTING DETAILS
Firms For Sale ID:
33561
Vendor reference:
45114003
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
$3,500,000
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
$3,333,541
Net profit / cashflow:
$741,543
Years established:
14
Trading hours:
M-F 8-5
Number of employees:
24
Employees / staffing:
Licensed professional engineer and 11 certified technicians

OTHER DETAILS
Reason for selling:
Early retirement
Financing available:
Seller is willing to finance part of the purchase
Support and training:
Seller is willing to provide 30 days of support at no additional charge to the Buyer. Seller will consider a consulting agreement for a longer time period.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease length:
5
Lease remaining:
4
Lease terms:
$11,850/month, lease expires January 1, 2018
Rent:
$142,200 per annum
 
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BUSINESS DESCRIPTION
Company provides geotechnical engineering, in-house construction materials testing, geophysical exploration and environmental services throughout the state of Florida. Company offers the most advanced technology in the area, including Ground Penetrating Radar (GPR) and the Cone Penetrating Testing (CPT) rig. Every lab technician, at a minimum, is trained and certified in construction materials testing by the American Concrete Institute (ACI). Profit margins are consistently higher than the industry average. Repeat customers account for 90% of customer base.

Expansion Potential
Business is prime for expanding into other Southern states and/or expanding marketing of materials testing lab.

Market / Competition / Non-Competition Agreements
No other competition within a thirty mile radius offers the same technology nor an in-house laboratory.