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40+ Year Engineering Services From

Windsor, ON

40+ Year Engineering Services From
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Asking Price: $250,000

Cash Flow: $70,000

Gross Revenue: $350,000

EBITDA: N/A

FF&E: $20,000

Inventory: N/A

Real Estate: $170,000

Established: 1979

40+ Year Engineering Services From

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Business Description

This well established structural, building services and civil engineering firm has been servicing clients primarily in the Windsor-Essex area for 40+ years. Approximately 60% of their services are structural and civil based, approximately 25% would be classified as full service – architectural, structural, mechanical and electrical and 10% would be mechanical or electrical services only. They service large manufacturers, subcontract for major construction contractors and do work for the local trades. All work is industrial and commercial based, they do not work in the residential space. The business has a good reputation in the community and services many loyal clients, last year approximately 40% of sales were the result of repeat clients. This is a fabulous opportunity for someone to enter a long established business and use it as a springboard for success.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
2,000
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The practice is conveniently located near major traffic arteries. The approximate 2000 sqft of office is well laid out and could handle an additional 3-5 Engineers and Engineer Technicians and Designers. There is administrative office space, plus on-site parking. Furniture, fixtures, equipment, are included in the price.
Competition:
Quality and loyal client base such of both direct client and general contractors… competes with similar engineering firms from across Ontario and Michigan. They are small office, flexible to handle a variety of clients both small and large scale in nature.
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:
All Cash or Terms Acceptable to the Seller
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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