Cash Flow Strong Civil Engineering Company

MD

Seller Financing Available
Cash Flow Strong Civil Engineering Company

Asking Price:$2,188,000

Cash Flow:$740,000

Gross Revenue:$4,200,000

EBITDA:N/A

FF&E:$102,000

Inventory:$1,400,000

Rate/Sq. Ft.:N/A

Established:1996

Cash Flow Strong Civil Engineering Company

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Business Description

This well-known, full-service civil engineering company is located in the Baltimore, Maryland, metropolitan area. The firm enjoys significant operating margins and documented profitability in its regional client base. Its service suite includes high-value civil engineering, surveying, permitting, and other related services to private developers, institutions, builder chains, and architects.

The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 2.9x SDCF (ttm). A full valuation report by a national valuation firm is included in the prospectus. There is $83k in current liabilities to be assumed and the deal includes $1,400k in current A/R and $100k in fixed assets. By implementing the proposed deal structure an owner-operator will obtain more than $290k benefit in after-acquisition-debt cash flow .

(ALL DATA BASED ON SIGNED TAX RETURNS)

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
10+
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business currently operates from a 6,000 sq. ft. leased office space.
Competition:
The company enjoys a competitive advantage by relying on over 30 years of experience in both commercial and institutional clients, with a business model that delivers closely managed projects. The company can afford to be selective as to which projects it undertakes, focusing on those that require dedicated hands-on, experienced management.
Growth & Expansion:
It is projected that a new owner will obtain additional growth as the market for both private and institutional work continues to expand as the economy improves. The long downturn in construction was particularly damaging to many firms, and key competitors to the company were not able to remain in business. The company conservatively projects a revenue growth rate of 2 - 3% per year.
Financing:
$440k Seller financing plus $1,225k bank financing subject to buyer qualification
Support & Training:
There will be a smooth transition period as the current partners are willing to remain with the company after the sale. A new owner/investor will find a company with an attractive ROI, and will be able to successively phase into the business by assuming the role of the retiring partners, if so desired. A well-trained and highly qualified support team will stay in place to assist the new owner in all aspects of the business.
Reason for Selling:
Two Partners To Retire
Business Website:
http://www.neumannassociates.com/business-for-sale.cfm

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Achim Neumann

Business Listed By:
Achim Neumann

A Neumann & Associates, LLC

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