Well Established Engineering Firm in Coastal NC

Not Disclosed, NC

Coastal North Carolina

Asking Price: Annual Revenue:
$1,500,000 $1,479,027

Services: Engineering, Architectural Services

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RE: Well Established Engineering Firm in Coastal NC Broker: Ken Puryear
Owner Financing is Available!
SBA pre-approved by Wells Fargo Bank.

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $1,479,027
Net Profit: Not Disclosed
Cash Flow: $547,475
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 158555289
Broker Reference #: 41720057

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Business Overview:

This successful design and engineering firm was established in 1985. A highly profitable company that has many attributes which have defined it's success over many years.

They are licensed in 16 states in the eastern part of the country. The firm specializes in heating and air conditioning, electrical, plumbing, and industrial design and energy studies.
The firm provides highly specialized services to housing authorities by calculating tenant's electrical, natural gas, water and sewer bills. The closest competitor offering these services is located in Knoxville Tennessee, almost 500 miles away.

The firm has diversified in the following ways to ensure continued growth through the past 25 years: Housing Authority energy studies, utility allowances and design work for new dwellings and renovations.

* Nursing homes and assisted living facilities. They have designed over 150 facilities to date.

* Shopping centers and full designs of a major grocery store chain.

* Office buildings and other similar projects.

* High rise condos and apartment buildings

* Heavy industrial and commercial projects.

* Medical facilities, including doctor's offices and surgical centers. The firm has a high profile in the Medical field and the Housing Authority community. They attend many Housing Authority conventions and as a result, they have a good working relationship with over 60 Housing Authorities.

The firm has been preapproved for a SBA loan by Wells Fargo Bank.

This is an excellent opportunity to purchase a well established and profitable engineering firm. The owner is committed to remaining with the firm for an agreed period following the sale to ensure a smooth transition.

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:

Please ask business broker for details.

Market Competition and Expansion:

The closest competitor offering these services is located in Knoxville Tennessee, almost 500 miles away.

Additional Details:

  • The property is owned.
  • 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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