Chicago Based Civil Engineering Firm

Chicago, IL
Cook County


Asking Price: Annual Revenue:
$1,200,000 $2,504,792

Services: Engineering, Architectural Services


Request More Information
Contact the Seller

RE: Chicago Based Civil Engineering Firm Broker: Cortney Sells

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $2,504,792
Net Profit: Not Disclosed
Cash Flow: $408,956
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 1955
Employees: 11
BBN Listing #: 320634398
Broker Reference #: AEI022

Email or Print Listing

Request More Information
Contact the Seller


Business Overview:

This Chicago-based engineering firm offers diverse and niche services, specializing in civil engineering and surveying. 2022 is set up to be one of their most profitable years yet, with nearly $2M on the books already ($1.6M work in progress, $300,000 pipeline). Built with a strong sense of community over 60 years ago, this second-generation company has a reputation for providing diverse and dynamic designs. They are equipped to work with both public and private clientele, comprised of government & municipal (75%), education (8%), contractors (9%), and private companies (8%). Due to the excellent team that will remain in place, there is no engineering licensing needed by the future owner. When taking into account the reputation, team, diverse services, and longevity, this Chicago based engineering firm is a great opportunity for any new owner!

There are 11 total employees on staff, outside of the owners. This includes 3 engineers, 1 surveyor, 1 CADD manager, 3 survey team members, and 3 administrative assistants. Their team boasts impressive credentials and experience beyond many of their competitors. These qualifications, along with the firm’s long-established reputation in local governments and municipalities give the firm a strong competitive advantage when bidding on projects.

The existing team is set up to continue operating after the current owners leave. However, the sellers are also open to staying on as strategic partners and helping the new owner grow the business in the years to come. An ongoing salary of $150K/year was accounted for in the cash flow to either keep the sellers on board or to bring on new engineers to continue growth!

At a price of $1,200,000 and a down payment of $120,000, a buyer would receive $120,040 after debt payments, a 100% return on investment!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Market Competition and Expansion:

Hiring another surveyor or EIT to bring on additional projects.

Reason for Selling:

Exit Strategy.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!