Environmental Engineering Focused On Water And Wastewater Management For Sale

Description

Environmental consulting and engineering firm for sale with operating history dating back to 1996. The company focuses on wastewater and water infrastructure projects for municipal, commercial and industrial clients.

Services

• Engineering feasibility studies
• Traditional engineering and consulting services
• Wastewater management solutions
• Water and wastewater facility design
• Design-build project work
• Facility operations and related technical support

Current workload

The seller reports more than $1 million in work in progress. Buyers should review the underlying contracts, completion schedules, remaining costs, billing status and expected gross profit associated with this work.

Team

• Chemical Engineer
• Construction Engineer
• CAD Drafter
• GIS Specialist

The current owner remains actively involved in general oversight, administration and project-related work.

Operating structure

The company operates remotely, limiting the need for conventional office space and keeping fixed overhead relatively low.

Projects are performed across several states, including Massachusetts, New York, Connecticut, Utah and Florida.

Transition

The owner intends to sell the company but would like to remain involved for approximately one to four years after closing. The exact role, compensation, responsibilities and transition schedule would need to be defined as part of the transaction.

Growth

• Add engineering and project-management staff
• Increase capacity for the existing project pipeline
• Develop a formal marketing and business-development program
• Expand relationships with municipal and industrial clients
• Enter additional geographic markets
• Add complementary environmental or engineering services

Sale terms

• Asking price: $1,675,000
• Listing states that a buyer will need approximately 10% down from unborrowed funds

Any financing structure, lender requirements and source-of-funds conditions should be confirmed directly before relying on the stated down-payment requirement.

Due diligence

Buyers should verify historical financials, work in progress, backlog, project-level margins, customer concentration, accounts receivable, contract terms, employee compensation, professional liability coverage and the owner's current role before closing.

Engineering services may require licensed professional engineers, firm registrations and project-specific approvals in the states where work is performed. Buyers should confirm which licenses, registrations and responsible-professional requirements apply and should not assume that existing credentials transfer automatically with the business.