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- RE: Structural Engineering Firm With 90% Repeat Client
- Contact: Not Disclosed
Quick Facts
Asking Price: | $745,000 | |
Annual Revenue: | $940,742 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $204,870 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2006 | |
Employees: | 4 | |
BBN Listing #: | 951622 | |
Broker Reference #: | AEI006-N |
Business Overview:
The firm’s portfolio includes a diverse range of projects such as institutional buildings, warehouses, schools, gymnasiums, churches, and retirement & nursing homes. With a proven track record of delivering high quality work, the firm boasts an impressive 95% repeat client rate. This boutique engineering firm specializes in structural engineering services and has established a strong client base primarily consisting of municipal and commercial projects. Led by a team of three experienced engineers, one CAD technician, and five to six drafters, this firm possesses the expertise and manpower to handle various structural engineering projects efficiently. With the qualifications that the staff holds, they can offer any service surrounding the scope of structural engineering. The current owner handles general oversight and gives the final approval on proposed plans, he does not have any billable engineer hours. The owner has offered a 3-year training period to assist with a smooth transition of ownership. In addition to this, the owner has offered 15% seller financing or equity roll of the purchase to show good faith in the continued success of the business moving forward. Priced at $745,000, this company would be a great investment for a larger firm who is looking to expand their office and add to their existing portfolio. The company utilizes 2,600 square feet of space in a local office building fitted with private offices, an open work area, and a conference room with space for expansion.
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Market Competition and Expansion:
Growth Opportunities: Maximize utilization of overseasfirm to increase capacity while maintaining positive margins, build client base in the OKC area, expand to additional states
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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