Surveying and Civil Engineering in Washington

Vashon, WA (King County)

Seller Financing Available
Surveying and Civil Engineering in Washington
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Asking Price: $1,300,000

Cash Flow: $363,300

Gross Revenue: $1,385,301

EBITDA: N/A

FF&E: $430,000

Inventory: N/A

Established: 2004

Surveying and Civil Engineering in Washington

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Business Description

Surveying and civil engineering is the specialty of this niche company located in Washington. Serving a wide variety of clients from developers to municipalities and state governments or commercial and industrial businesses, this multi-disciplinary firm leverages their expertise to provide high quality services within a 60-mile radius of their headquarters. Services include civil engineering, land surveying and development, project management, as well as site planning. The team manages their contracts by balancing large and very large projects with smaller ones to smooth any fluctuations in funding cycles, client building calendars, as well as economic variations. Both owners lead their own division within the company, with one owner planning to remain a part of the team and one owner will transition for up to one year.

The office and warehouse space are 4,200 square feet of space with three-quarters dedicated to offices and one-quarter to warehouse and storage. Equipment includes computers, printers, office equipment as well as specialized survey equipment and a LICA robotic geosystem. The team of eleven work both in the office and on-site. One office manager runs the day-to-day administrative operations, while five well-trained surveyors and five engineers complete the technical work. The company is well-equipped for continued growth yet adding a sales manager may help to increase earned contracts when seeking to balance large and small projects throughout the year.

Attached Documents


Detailed Information

Location:
Vashon, WA
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4,200 sq. ft.: ¾ Offices, ¼ warehouse and storage, available for continued lease
Growth & Expansion:
Grow municipal work and larger contracts, but remain balanced with smaller projects to continue to balance the revenue streams
Financing:
12.5%
Support & Training:
Owner 1 will transition for up to 1 year; Owner 2 will remain on staff
Reason for Selling:
Exit strategy
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Cortney Sells

Business Listed By:
Cortney Sells

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