Reputable Consulting Engineering Firm

Not Disclosed, KY

Asking Price: Annual Revenue:
$3,500,000 $2,399,940

Services: Engineering, Architectural Services

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RE: Reputable Consulting Engineering Firm Broker: Doug Kose

Quick Facts

Asking Price: $3,500,000
Annual Revenue: $2,399,940
Net Profit: Not Disclosed
Cash Flow: $818,267
Total Debt: Not Disclosed
FF&E: $395,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 239254611
Broker Reference #: 5182-797756

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Business Overview:

A fast growing, high margin consulting firm providing an array of diverse engineering services is now for sale.
- The company provides Geotechnical Engineering, Geotechnical Drilling, GeoStructural Engineering, Environmental Engineering, Firestop and Special Inspections
- The company provides services in KY, IN, OH, WV, TN and MO
- Clients consist of national corporations, municipalities, educational institutions, State work, private developers, architects, engineers, energy sector
- 70% of revenue is single sourced!
- Each year, the firm has experienced a 30% growth in revenue and personnel since conception, year over year.
- 2021 was a record year for total sales, hiring 5 new staff and purchasing 5 vehicles

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Property Features and Assets:

Location, Location, Location: this business is conveniently located to numerous important commercial and industrial hubs, major airports and interstates. Real estate is available but not included in the asking price. The 6,000 square-foot headquarters building is available for purchase at $550,000. The owner is also willing to lease it to a new owner.

Market Competition and Expansion:

The firm is an 8 year-old company. There have not been any younger firms offering this service in Kentucky since their conception. They are 70% single sourced and turn down alot of work on bidding opportunities, which presents a huge opportunity for future growth. There is not another geotechnical firm in the area. Potential Growth: There are a few strategies for growth a new owner could employ. While the business has worked across a large geographical area, territory expansion is the most obvious path to grow the business. One way to achieve that is a more aggressive and focused regional marketing campaign than the firm currently employs. The current owner has some success in finding regional partners who can handle the practical analysis, while the administrative work is handled out of the main office location. Most importantly, to each of these ideas is that the labor force is there to accommodate whatever approach is chosen: - 70% singled sourced rate in which their clients would gladly entertain them providing additional services, such as site civil or structural. This additional income would easily double the total revenue. A firm that provides additional consulting beyond the current structure would greatly benefit. - A local firm could easily take a huge market cap of work by acquiring this company. - An outside firm would benefit by taking a market share in KY by purchasing this company and be introduced to the strong relationships that have been developed.

Reason for Selling:

Other business interests.

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.

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