Profitable Electrical Engineering Company

Not Disclosed, NJ
Essex County

Essex County

Asking Price: Annual Revenue:
$1,250,000 $1,055,786

Services: Engineering, Architectural Services

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RE: Profitable Electrical Engineering Company Broker: Ed O'Deven
Owner Financing is Available!
$1,000,000 Down / $ 250,000 for 36 months @ 7%

Quick Facts

Asking Price: $1,250,000
Annual Revenue: $1,055,786
Net Profit: Not Disclosed
Cash Flow: $370,628
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: 8
BBN Listing #: 97404955
Broker Reference #: 3405-14679

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Business Overview:

The Company is a premier provider of electrical engineering, automation solutions, PLC programming / troubleshooting, SCADA systems and control system retrofits. The company also provides air recycling systems, hot fill bottle fillers and hot fill spray tank systems.

The Company was founded in 1996 by its chief engineer who is also its sole owner and is based in North Jersey. The owner of the company also serves as the director of Sales Development, Engineering Support, Overall management of Operations and Finances. The workforce is stable and the company currently employs 6 full-time employees and 2 part-time employees. The business has not experienced a significant amount of turnover and its engineers are all degreed (one has masters). All have significant experience.

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Property Features and Assets:

The company operates out of a private home near the business district.

Market Competition and Expansion:

There are several competing engineering firms but few that have their expertise. Well established client base. The company provides remote operations for it's customers under contract. This is a huge cost advantage which has much potential for current and future projects.

Reason for Selling:

Owner retiring after 20 years.

Additional Details:

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

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