Electrical Engineering Firm, Consistent Revenues

Not Disclosed, NJ
Essex County

Asking Price: Annual Revenue:
$1,250,000 $1,638,353

Services: Engineering, Architectural Services

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RE: Electrical Engineering Firm, Consistent Revenues Broker: Cheryl Venezia
Owner Financing is Available!
$1,000,000 down/$250,000 over 36 months @ 7%

Quick Facts

Asking Price: $1,250,000
Annual Revenue: $1,638,353
Net Profit: Not Disclosed
Cash Flow: $490,400
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: 4
BBN Listing #: 1154955
Broker Reference #: 3407-16043

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Business Overview:

Consistent revenues and significant cash flow!

This well-established firm is a premier provider of electrical engineering services, specializing in the custom design, installation, upgrade and maintenance of control and automation systems.

In business for almost 25 years, the experienced staff serves key manufacturing companies across multiple industries. They are known for optimizing efficiencies in machines and minimizing downtime of production through their professional services supporting automation control solutions, Programmable Logic Controller (PLC) programming / troubleshooting, Supervisory Control And Data Acquisition (SCADA) systems and control system retrofits.

Founded in 1996 by its chief engineer and based in New Jersey, the firm was active throughout 2020, deemed as essential to supporting their manufacturing clients. Custom designs of new or upgraded systems are tailored to each customers’ specific need and application. Each system is meticulously fabricated, certified and professionally installed.

Low overhead makes this a great opportunity, as there is no central office: workers have always worked remotely or at client sites. All engineers (3 full-time) have significant hands-on knowledge and expertise that can only be gained by working with a wide variety of control and automation systems that span multiple industrie

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Property Features and Assets:

Low overhead - the company has always operated out of the owner's home with all workers remote.

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 great potential for current and future projects.

Reason for Selling:

Owner retiring after 24 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.

Relevant Links:

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