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Tennessee Business For Sale |
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| ARCHITECTURAL & ENGINEERING FIRM |
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| Attn: Mickie Bernard |
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| not disclosed, TN, USA |
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| Asking Price: |
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Not Available |
| Business for Sale Industry: |
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Services: Construction, Contractors |
Year Established: |
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1979 |
| # of Employees: |
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30 |
| Yearly Revenues: |
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$4,130,000 |
| Yearly EBITDA: |
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$298,000 |
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Business for Sale Overview:
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The March Group, LLC currently represents a diverse and growing architectural and engineering firm located in the Southeast region of the US. The Company has exhibited steady growth over the past four years, progressing from sales of $3.02 million in 2003 to $4.12 million in 2007, which represents an average annual growth rate of 8.77%. Capabilities include: comprehensive master planning, feasibility studies, architectural design, site selection analysis, road design, drainage studies, re-zoning applications and civil, utility, site, and electrical engineering. Serves a very diverse customer base including the educational, hospitality, retail, commercial, religious, and public facilities markets. Proficiency in a large number of architectural and engineering functions affords the Company a very stable foundation through the ability to quickly move focus to high growth market segments in order to balance sectors that have started to slow. Licensed in 28 states, which facilitates work with corporate accounts expanding nationwide, and accredited by the AIA, NCARB, and NCEES. High profile national accounts (including FedEx, Hilton, Service Master and Ethan Allan) contribute 40% of revenue from projects outside of the Company’s home state. Outstanding team of tenured architectural and engineering professionals who will continue with the Company, including 9 in project management, 8 in design and drafting, and 2 interior design staff. Works with both negotiated contracts and on a bid basis. All five active principals are willing to remain with the Company for five to ten years following acquisition.
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Property Features and Assets:
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Occupies a 12,000 square feet office building specifically designed for its use, situated on just over one acre. The Company currently utilizes 9,000 square feet of the building & leases the remaining 3,000 square feet. |
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Market Competition and Expansion:
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Acquisition timing is perfectly in tune with growth opportunities. The Company’s extensive licensing & excellent track record with high profile national accounts promises expansion through additional national clients. Such brand exposure will foster other growth outside the Company’s region. In addition, the Company could achieve even greater profitability by bringing more functions in-house, including cost engineering, mechanical engineering, structural engineering, & construction. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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