Corrosion Control Services Company For Sale

Business description

This is an established engineering company which was incorporated in 1985. At start up, the principals of the company had a $500,000 contract with AT&T to do the engineering for 100 miles of fiber optic cable. This project lasted approximately 1½ years during which time they were able to make contact with potential clients. Today the company’s client list includes major petroleum and industrial gas companies, approximately 40 in all. New business comes mainly from referrals or encounters during cooperative projects.
Federal and state regulations mandate the application of corrosion control on certain hazardous materials carrying pipelines and clients are becoming more and more aware of the benefits of preventing leaks that result in environmental contamination and negative public relations. The company offers the following goods and services: corrosion control system design, system installation and maintenance and cathodic protection system surveying.

Other information

Reasons for selling:

Owners intend to retire.

Furniture / Fixtures value:

$60,000

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