Listing Details:

• Business Category:     Engineering
• Price:                             $722,000
• Gross Revenue:            $931,564
• SDE:                               $265,512
• Location:                       Minnesota
• Employees:                    5     
• FF&E:                             $20,000
• Support & Training:       12 weeks 
• Reason for Selling:         Retirement
• Non Compete:               3 years
• Years Owned:               28 years - Bought out last partner                                                               in 2001
  
  

Business Description

Provides Civil Engineering Services for:

• Municipal Engineering 
• Site Engineering 
• Site and Alternative Site Feasibility Studies
• Grading, Drainage & Erosion Control Plans
• Storm Water Management
• Construction Management
• Wetland Delineation/Mitigation Projects and LGU
• Street Design
• Water Distribution and Storage
• Wastewater Collection and Treatment
• Contract Administration
• Permit Applications
• Plan and Plat review
• Feasibility Studies
• Commercial Plan Review
• Utility Design

Business History

The business was established in 1996 as an S Corporation by the owner and 2 other engineers.   In 2001, the owner bought out the last partner.   It has provided engineering consulting services and design work for municipalities in the northern 7 counties of Minneapolis

Growth Potential

• Consistent revenue lead to strong growth in 2023
• Asset Light with minimal capital expenditures
• Reliable Free Cashflow

Facilities

The office and warehouse is owned by the owner and leased to the company.   It is important to keep the location since they work very closely with city engineers whose office is nearby.