Prominent Civil Engineering – Land Surveying Company headquartered in New Haven County – Ownership – is seeking retirement after many years of service in the local community. This Company has over 40 years of Land Records for New Haven, New London, and Surrounding Counties. This firm offers Civil Engineering, Environmental, Landscape Architecture and Land Surveying. The company is on track to deliver $1.0 million in Revenue in 2025. Revenue is split 60% engineering, 40% Surveying work. Revenue decline is due to the owner’s desire for a life/work balance.
The firm has a highly skilled and well-respected staff, consisting of approximately 8 employees plus the principal owner.
Commercial Real Estate is partially owner-occupied and partly rented and is available for sale as a separate transaction. The estimated fair market value of Real Estate is $150,000.
Also included in the sale is industry-specific equipment and vehicles valued at $75,000.
CT State Ownership: Ownership restrictions per State of Connecticut Professional Organizations = Principal Owner needs to be a Licensed PE (Civil Engineering) and/or Licensed Surveyor in the State of Connecticut. (Subject to attorney verification).
The owner is willing to entertain one year, possibly longer, transition period for Qualified Buyer.
FFE: $75,000(Included in Price)
Real Estate: $150,000
Reason For Sale: Retirement
Employees: 8
Financing/Terms:
Some Seller Financing TBD based on Buyer’s Qualifications.
