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Quick Facts
Asking Price: | $895,000 | |
Annual Revenue: | $1,211,560 | |
Net Profit: | $446,781 | |
Cash Flow: | $446,781 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1952 | |
Employees: | 7 | |
BBN Listing #: | 762055272 | |
Broker Reference #: | 40730457 |
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Business Overview:
This opportunity is a civil engineering which services residential, commercial, industrial, institutional, transportation and municipal projects. They also provide land services such as land surveying, planning and environmental services. The clientele is nearly 100% B2B. The business has been around for over 70 years which means business is steady due to repeat clients and referrals. The business has consistently generated revenue of around one million dollars per year and is projecting 1.2 million dollars for 2022. The owner is nearing retirement but will be available 2 to 3 years to help transition the business. The business has been prequalified by an SBA lender with as little as 10% down. A signed non-disclosure is required as well as proof of financial capability.
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Property Features and Assets:
Comes with office furniture and equipment, field tools, vehicles.
Market Competition and Expansion:
Could serve as an add on to a firm looking for added market share in the Chicago area or an opportunity for a practitioner to go out on their own.
Reason for Selling:
Retirement
Additional Details:
Documents:
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