DRASTIC PRICE REDUCTION - Successful Engineering Company FOR SALE

Lee County, FL

Seller Financing Available
DRASTIC PRICE REDUCTION - Successful Engineering Company FOR SALE
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Asking Price: $750,000

Cash Flow: $400,000

Gross Revenue: $1,353,000

EBITDA: $400,000

FF&E: $25,000

Inventory: $1,000

Rent: $4,500 /Month

Established: 2009

DRASTIC PRICE REDUCTION - Successful Engineering Company FOR SALE

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Business Description

We are an established multi-disciplinary engineering company serving the construction industry in South Florida for the last decade. We provide comprehensive design services to our clients in the Civil Engineering, Structural Engineering, Mechanical/Ventilation Engineering, Electrical Engineering and Plumbing Engineering field as well as Fire Alarm and Fire Protection Design Services. We design in CAD as well as 3D Revit.

We are one of the leading and largest engineering design offices serving the residential, commercial and institutional construction industry from the Florida Keys to Tampa, from Miami to Sarasota. We have designed high-end ocean front mansions and regular sized homes, large scale apartment complexes and strip malls, schools and Assisted Living Facilities, government projects and small owner/builder projects. This wide range of projects is our strength.Our highly experience and professional design team is ready for any future design challenges.

Our full-time licensed engineers are in place, therefore a POTENTIAL BUYER does NOT require to have an Florida Professional Engineering (PE) License. The current owner/seller of this successful business does NOT hold a Florida PE license either. While not required, having a PE license would add to the firms design capabilities and could increase profitability dramatically. Perfect for an out-of-country technically oriented owner with a proven record of profitability. NO PE LICENSE REQUIRED - PERFECT FOR E-2 VISA APPLICANTS.

Our Florida licensed engineers in their respective fields of expertise a highly experienced, professional and respected. Most of our design business is from repeat clients in the architectural, real estate development and construction industry.

Our firm is know for fast and cost-effective turn around times on design projects done in-house. Our unique ONE-STOP design approach reduces mis-communication between the different design disciplines and allows a comprehensive, accurate and and timely delivery to our clients.

Attached Documents


Detailed Information

Location:
Lee County, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
1/15/2021
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Our spacious office is located in one of the best professional office buildings in the county. Due to a space sharing arrangement our office expenses are kept at a reasonable rate. Our designers utilize up-to-date computer hardware incorporating the most current version of 2D and 3D design software available.
Competition:
The construction industry continues to be strong in South Florida. Lee county has one of the highest population increases as the baby-boomer generation is transitioning in to retirement in the Sunshine State. Growth predictions are very strong particularly for SW Florida.
Growth & Expansion:
The firm need some strong and dedicated marketing. The current owner is focused too much on project management and customer service at the expense of marketing success. The design capacity is there for continued growth with the current resources.
Financing:
SBA financing eligible + 10% seller financing @ 8% per year to qualified buyer
Support & Training:
Seller is willing to stay on for a 1-2 month training period. A longer transition period or continued employment could be negotiated, if so desired.
Reason for Selling:
Drastic Price Reduction due to Seller having other interests. Brokers Welcome!
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Business Listed By:
Steve B

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