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Civil Engineering with Surveying Focus Since 1976

Manatee County, FL

Civil Engineering with Surveying Focus Since 1976
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Asking Price: $1,850,000

Cash Flow: $601,542

Gross Revenue: $1,760,267

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1976

Civil Engineering with Surveying Focus Since 1976

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Business Description

34% profit margin with 20-25 clients per year! This full-service civil engineering firm provides their clients solutions in the areas of civil engineering, surveying and planning. Located in a growing Southwest Florida economy, profit margins remain high with long term client relationships. Jobs are distributed between 50% private commercial, 25% private residential and 25% public sector mixed-use clients. 90% of jobs are completed locally.

Assets totaling $994,000 include $124,000 of survey equipment, $75,000 in office equipment, $45,000 in vehicles, $150,000 in account receivable and $600,000 of work under contract. Average projects typically run between $2,500-$100,000.

The team consists of the two owners, 6 full-time and 2 part time experienced and cohesive employees including an Administrative Assistant, Senior Designer, CAD Technician/Site Inspection, Survey Technician, two field crew, part-time Payroll and part-time Professional Engineer.

Looking for an exit strategy, the two owners are willing to stay on and assist a buyer as needed providing site design, construction observation and surveying services. Growth opportunities include growing sales and client base with an additional professional engineer and certified surveyor as the economy continues to grow in Southwest Florida.

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Detailed Information

Location:
Manatee County, FL
Employees:
6
Financing:
20%
Support & Training:
Owners are willing to stay on as needed
Reason for Selling:
Retirement
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Cortney Sells

Business Listed By:
Cortney Sells

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