Structural Engineering Firm

Alger County, MI (Relocatable)

Structural Engineering Firm
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Asking Price: $250,000

Cash Flow: $145,000

Gross Revenue: $165,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2003

Structural Engineering Firm

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Business Description

For sale is a well established structural engineering firm that has formed a niche in the construction industry during the past 16 years of business. This firm is easily relocatable as there are no local ties and construction site visits are not required. This is run from a home office. The firm has a stable client base, with 90% plus clients returning for repeat business. Clients are located throughout the United States. The firm has experienced growth for the past several years and is very profitable. Due to repeat business and word of mouth, nothing is spent on marketing and all time can be spent on providing services.
There is opportunity for growth through possibly being able to provide PE licensure in additional states, being able to provide additional expertise and by providing drafting services.
Reasons for client retention include quality work, efficient turn-arounds and multi-state licensure.
Owner is motivated and is willing to stay on board for a period of time, negotiable with sale. The signing of an NDA will be required before additional information will be provided.

Detailed Information

Location:
Alger County, MI
Employees:
1
Facilities:
Home based, no facilities included Printer and plotter included (Home Based)
Competition:
Little competition, due to firm's niche market Strong market as the firm provides services to multiple industries
Growth & Expansion:
PE licensure in additional states, being able to provide additional expertise and by providing shop drawings to fabricators.
Financing:
Cash, Buyer obtained financing
Support & Training:
Owner is willing to be available for a period of time to help transition after the sale, terms of which are negotiable
Reason for Selling:
Retirement
Home-Based:
This business is Home-Based
Franchise:
This business is an established franchise
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Business Listed By:
Tracey DeVries

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