25+ Year Engineering Services Firm

Southwestern, ON

Seller Financing Available
25+ Year Engineering Services Firm

Asking Price:$295,000

Cash Flow:$166,398

Gross Revenue:$402,166

EBITDA:N/A

FF&E:$20,000

Inventory:N/A

Established:N/A

25+ Year Engineering Services Firm

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Business Description

This well established civil engineering firm has been servicing clients in the Windsor-Essex, Chatham-Kent and Sarnia-Lambton areas for 25+ years. Their services include Land Use Planning and Engineering & Design Services for water distribution, subdivision design and layout, single and multi-family residential, commercial building design, and project management services. The business has a good reputation in the community and services many loyal clients. This is a fabulous opportunity for someone to enter a long established business and use it as a springboard for success.

Detailed Information

Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The practice is conveniently located near major traffic arteries. The approximate 1000 sq.ft .of office is well laid out to handle 3-5 Engineers and Engineer Technicians and Designers, office area for administration, plus on-site parking. Furniture, fixtures, equipment, are included in the price.
Competition:
Quality and loyal client base such as municipalities and architects… competes with similar civil engineering firms from across Ontario. Plus they do primary land development engineering which sets them apart from many competing civil engineering firms.
Growth & Expansion:
Revenues have been steady and consistent over the years with limited advertising and little in the way aggressively bidding on work outside of the general geographic area. The firm has not aggressively pursued new work; they have serviced their existing relationships and obtained new work through referrals. Client base is ideal for someone wishing to start an engineering firm or an existing engineering firm looking to add a Southwestern Ontario presence.
Financing:
Seller will finance for qualified Buyer
Support & Training:
Owner will provide a smooth transition
Reason for Selling:
Retirement

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Bill Sivell

Business Listed By:
Bill Sivell

Liberty Business Brokers of Ontario

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