National Geotechnical Contracting Business

Not Disclosed, TN

Asking Price: Annual Revenue:
$2,300,000 $3,722,472

Services: Construction, Contractors

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RE: National Geotechnical Contracting Business Broker: Betty Schnaufer

Quick Facts

Asking Price: $2,300,000
Annual Revenue: $3,722,472
Net Profit: Not Disclosed
Cash Flow: $734,142
Total Debt: Not Disclosed
FF&E: $914,081
Real Estate: Not Disclosed
Year Established: 2010
Employees: 11
BBN Listing #: 69524955
Broker Reference #: 6005-15714

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Business Overview:

This company is an established geotechnical contracting company which specializes in drilling and grouting services for mining projects and heavy civil construction projects such as dams, tunnels and bridges. It works on projects across the country and has done international work as well. Operating as a small, versatile and efficient company allows for immediate mobilizations, on site decision making, versatile contracting options and equipment manufacturing and modification. The company has an experienced team in place which is easily deployed to the job site. Many clients have asked for additional related services so expanding the company's scope of services could present significant opportunity for a new owner.

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Property Features and Assets:

The business occupies a 9,000 square foot facility. This is used primarily for storage of equipment. Since personnel work in the field and owners primarily work from home offices, rarely is someone in the office. A new owner could choose to keep this location or could potentially relocate it however might risk losing personnel if relocated outside of the region. Assets= $914,081

Market Competition and Expansion:

There are a limited number of companies in this space. Most of them are much larger than this business however they are not as adaptable and cannot provide the customized solutions for unique situations that this company does. Company is frequently asked to bid on and perform related services which may be out of their current technical scope. Expanding its service offerings by securing the experienced personnel necessary could increase revenue. Additionally, being able to bond for larger jobs would create more project opportunities which the company currently has to turn down.

Reason for Selling:

Owner will be retiring soon.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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