Business For Sale

Engineering & Architecture Investigating Firm in C

Toronto, Ontario


Asking Price: Annual Revenue:
$1,700,000 $1,394,285

Services: Engineering, Architectural Services


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RE: Engineering & Architecture Investigating Firm in C Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $1,700,000 15% Buyer Down Payment: $255,000 20% Seller Financing: $340,000 65% Bank Loan: $1,105,000 A 15% down payment of $255,000 returns $157,521 in the first year after debt payments!

Quick Facts

Asking Price: $1,700,000
Annual Revenue: $1,394,285
Net Profit: Not Disclosed
Cash Flow: $407,840
Total Debt: Not Disclosed
FF&E: $193,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 12
BBN Listing #: 839334398
Broker Reference #: PRO041

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Business Overview:

Providing excellent building investigation and consulting services is the specialized niche this business has perfected. Working with a small team of architects, engineers, and technologists, this owner/architect saw a gap in the market for thoughtful building assessments and this company expertly meets that need. Working with a diverse client base, these specialists examine and test structures in over fifty areas from water leakage to structural integrity. A report is written after the investigation is complete and any areas of concern that present themselves are matched with suggested repairs or replacements. This dynamic company also provides project management services to ensure that the right contractors are hired, the work is done to a high standard, and budgets are met.

The majority of customers are multi-residential builders, building owners, and management companies. Due to legislation in Ontario relating to condominiums, this business also does a lot of work with condominium corporations looking to utilize reserve fund studies, associated repairs and maintenance programs. Additional areas of income are expert litigation support services as well as external teaching seminars and courses.

This extremely knowledgeable team is made up of engineers, technologists, and administrative staff.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

2,000 square feet: office, co-working space, conference room, reception, refreshment station.

Market Competition and Expansion:

Expand reserve fund work, increase concrete diagnostics, implement maintenance contracts, refine sales and follow-ups.

Reason for Selling:

Divestment

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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