Summary: 
Annual Owner Profit Regularly Exceeding $500,000 with Professional Staff in Place!
Business Type: 
other businesses
Location: 
Nebraska
Price: 
$1,900,000
Sales Revenue: 
$1,156,930
Cash Flow: 
$596,204
Realestate Included: 
No
Inventory: 
$456,891
Employees: 
8
Internal Listing:: 
PRO005
Reason for Sale: 
Retirement

Annual owner profit regularly exceeding $500,000 with
professional staff in place, this business is the perfect size for
a new owner to maintain existing clients or pursue growth
opportunities such as marketing (for the first time in company
history), expanding into new territory or providing additional
services. Competition is non-existent in the areas currently
being serviced within a four-hour drive from the lab which
enables projects in NE, CO, WY, SD & MO.
Construction projects require preliminary testing and ongoing
inspections of materials, substrates, environmental and
subsurface compounds and existing facility condition. This
business focuses on three disciplines to fulfill these necessary
testing and reporting needs for clients to adhere to their
project execution: Geotechnical Engineering, Construction
Material & Inspections and Environmental Testing. Over 400
projects are completed per year for clients ranging from
Architects during preliminary project designs, to City &
Municipality projects and ordinances, industry specific
projects such as Union Pacific or Public Power Districts,
General Contractors for quality control as well as lending
institutes for environmental assessments prior to funding
approval. A project can range from 1 day to years depending
on the scope, which generally consists of completing physical
testing requested by the clients, analyzing the samplings,
compiling the findings into professional reports and
submitting to the client for further action and compliance.
Based on the results the client is then able to move forward
with the next phases of their projects or are able to be
directed in a new direction as needed.
Fully staffed with loyal employees, a new owner would
benefit with knowledge and experience in the industry or the
seller is capable of training for a transition period of up to 1
year. Lab and office are within a 40,000 sq ft facility that is
leased with ample storage room for all equipment.
Seasonality of construction projects causes an influx of
projects during Spring, Summer and Fall months, however
during the off winter season there are still projects and time
for equipment maintenance to keep busy.

Financial Overview
List Price: $1,900,000
Gross Sales
2014: $1,156,930
2013: $1,142,483
Owner Profit/Cash Flow
2014: $596,204
Multiple: 3.2
Valuation: 2014 Cash Flow x Multiple = Price
$596,204 x 3.2 = $1,907,852

Assets Included in Purchase: $869,505
Inventory Total: $456,891 ($336,375 in testing inventory;
$86,778 in drilling inventory; $33,738 in office equipment)
Vehicles: $220,700 for 8 Ford trucks & 4 Trailers
A/R: $170,374
Unbilled Work in Progress: $21,540
*amounts may vary
Business Information
Year Established: 30+ years
Location: Midwest Nebraska, approximate service area of 4
hour radius from lab – NE, CO, WY, SD, MO
Clients: 400+ projects per year; Architects during preliminary
design, City & Municipalities, Industries such as UP, Public
Power Districts, General Contractors for Quality control,
Lending Institutes for Environmental Assessments. 80%
Repeat Business with Clients
3 Service Disciplines Offered: Geotechnical Engineering for
New Structures, Construction Materials Testing &
Inspections and Environmental Testing
Construction Project Sites: Medical facilities, aircraft hangars,
roads, parking lots, potable water distribution systems,
vertical structures/buildings, utilities, energy projects
Reason for Selling: Retirement
Employees: Loyal Full Time Staff of 8: 1 Environmental
Scientist, 1 Geotechnical Engineer, 1 Driller, 4 Construction
Materials Testing Inspectors, 1 Administrative Assistant
and additional seasonal individuals in spring and summer
(1-4). Technicians are certified by ACI, NICET, ICBO, AWS
and other appropriate agencies. Registered Engineer
currently in place.
Current Owner Responsibilities: Management and oversight
of staff, some report writing and proposals. Will train new
owner for up to 1 year.

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