Business for Sale Overview:
The March Group currently represents an electrical engineering firm that offers transportation, commercial/industrial engineering design and inspection services. The Company specializes in highway lighting, traffic signals, ramp metering, and related designs utilizing both low and high voltage. Revenue for 2009 is expected to contract to $1.1 million due to the current economic slow down, with a commensurate EBITDA of $330,000. Offices located in Arizona’s two largest metro areas – 1,800 square feet, and 3,000 square feet. Fifty-one percent of the business must be owned by a licensed engineer. Contracts are negotiated on a subcontracted basis for architects, contractors, design/build companies and government agencies; the Company has earned a high rate of repeat business approaching 90 percent. Award winning reputation: electrical design for the a landmark bridge located in Arizona, a merit award for a research complex and also nominated for excellence for engineering. Focuses on interior/exterior building facilities and sites, and high voltage distribution systems up to 69,000 volts. Special use systems include fire alarm, data, security, CCTV distribution, public address systems, Life safety analysis, freeway management systems, Highway lighting, traffic signals, ramp metering, and related designs and Aviation facilities. Differentiated from competition through its reputation and the strong technical capabilities of its staff, whose construction backgrounds result in fewer problems in the field.
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Property Features and Assets:
3,000 square foot facility as the Company’s headquarters. The facility is leased from a third party. A second facility totaling 1,800 square feet is also leased.
Market Competition and Expansion:
Increased demand for engineering services.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.