Established Civil Engineering/Surveying Firm

Business Overview:

This long-established firm is the premier civil engineering, surveying and land development consulting firm in the area. They have successfully completed a variety of projects ranging from large single-family subdivisions and master-planned communities to apartments and commercial/industrial parks. The business is very busy with little marketing. The equipment, technology and software are updated and current. 2023 SDE was $194,700k. This is an excellent opportunity for another established local firm to grow strategically or an out-of-area firm to establish a foothold in SoCal. Their offices were designed for this business. They have plenty of room for growth in their current location or could relocate with six month's notice to terminate the lease.

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Property Features and Assets:

Monthly Rent: $9,816.00

Square Units (Foot, Meter): 4,945

Lease Expiration Date: April 17, 2024, 12:00:00 AM

Terms Options: Lease can be terminated with 6 months notice

Facilities:    Modern office building designed for the firm, with secure parking for their vehicles inside the building, in a convenient location to freeways.

FF&E Overview: Furnishings, office equipment, computers, oversize printers, vehicles, survey equipment

FF&E General Condition: Good

Market Competition and Expansion:

Competition: There are numerous similar firms in this highly-populated area, but there is also more than enough work for all of them.

 

Expansion: Expand marketing, hire more engineers

Reason for Selling:

Semi retirement.

Additional Details:

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