Boutique Engineering Firm With Structural Focus
Relocatable, OK Oklahoma County
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- RE: Boutique Engineering Firm With Structural Focus
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $1,150,000 | |
| Annual Revenue: | $1,459,369 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $254,584 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2006 | |
| Employees: | 4 | |
| BBN Listing #: | 938348 | |
| Broker Reference #: | AEI006-L |
Business Overview:
Boutique Engineering Firm with structural focus having a client base of municipal and commercial based work which includes institutional buildings, warehouses, schools, gymnasiums, churches, and retirement & nursing homes. Serving clients in several states with 95% repeat! This steady client base has allowed the firm to reach a profit margin of 49%. The firm consists of 3 Engineers, 1 CAD technician; 5-6 drafters, and the owner who handles oversight and final approval of plans. With the qualifications that the staff holds, they can offer any service surrounding the scope of structural engineering. The current owner handles general oversight and gives the final approval on proposed plans, he does not have any billable engineer hours. The owner has offered a 3-year training period to assist with a smooth transition of ownership. In addition to this, the owner has offered 15% seller financing or equity roll of the purchase to show good faith in the continued success of the business moving forward. Priced at $1,150,000, this company would be a great investment for a larger firm who is looking to expand their office and add to their existing portfolio.
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Property Features and Assets:
Lease: 2,600 square feet: Private offices, open work area, conference room with room for expansion
Market Competition and Expansion:
Growth Opportunities: Maximize utilization of overseas firm to increase capacity while maintaining positive margins, build client base in the OKC area, expand to additional states
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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