Services - Engineering & Accounting | Services - Other Business Services

$Seller Financing Available

Asking Price	$3,850,000	Inventory	$2,000*
Gross Income	$3,400,000	Real Estate
Cash Flow	$803,000	Year Established	1972
FF&E	$200,000*	Employees	24

* included in the asking price

** not included in the asking price

The company currently has annual revenues of approximately $3.4 million with owners recast income of $800,000. The company's revenue mix is $2.4 million in Civil Engineering Service and $1.0 million in Surveying Service income. The account base is comprised of major commercial and government accounts most of whom are located within sixty miles of the corporate office. The company has twenty four employees all based in the Providence, Rhode Island office. There have been no layoffs in the past two years. The company is being confidentially marketed at $3.85 million. It is a leader in its geographic market. The owner is retiring after a successful career. The staff maintains an experienced team of registered professionals serving as structural engineers, civil engineers, environmental engineers, technical specialists, planners, and surveyors. Possessing this large complement of problem-solving technicians assures a specialized but cost-effective effort for both public and private sector projects. Most importantly, the technical skills offered by an in-house staff allows the firm to develop creative solutions to meet the client s ever changing and demanding needs. High quality financial statements. Engineering team is very deep. Some seller financing or earn-out available for smart credit strong buyer.

Facilities: 6,000 swq. feet of high-end office space. Separate executive wing. Near highway with easy access but very quiet.

Competition: Provides civil engineering and surveying services to private and public clients. Major emphasis on infrastructure projects.

Growth/Expansion: This acquisition will be a perfect platform for a major civil engineering firm seeking to expand, or establish a base, in Southern New England.

Seller Financing Available: Yes

Financing: Some seller financing available for credit strong strategic buyer.

Support/Training: As required. Long-term

Reason Selling: Retirement