Business For Sale

Engineering Firm: Mechanical, Electrical, Plumbing

Seattle, WA
King County


Asking Price: Annual Revenue:
$1,600,000 $5,454,806

Services: Engineering, Architectural Services


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RE: Engineering Firm: Mechanical, Electrical, Plumbing Broker: c
Owner Financing is Available!
10%

Quick Facts

Asking Price: $1,600,000
Annual Revenue: $5,454,806
Net Profit: Not Disclosed
Cash Flow: $380,472
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: 53
BBN Listing #: 443134398
Broker Reference #: PRO049

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Business Overview:

Located in the Seattle, Washington area, this well- respected business operates in 37 states! Providing professional designs for mechanical, electrical, and plumbing projects, this firm maximizes long-term relationships with their high-profile clients. With $2MMin the pipeline, and a $5MM backlog, there is high demand for this firm’s quality work. A specialized focus on services for hotels and restaurants has provided this business year-over-year growth and a 2017 income over $5.4MM.

Operating from a recently expanded 8,000 square foot space, all 53 employees work from this location. The current owner oversees daily operations as well as quality control and has been reducing billable hours. The owner is willing to stay on for up to two years to ensure a smooth transition and a continuity in customer relationships.

Completing projects across the country, the majority of work is currently completed on the West Coast. Taking on both large and small projects is a point of pride and operations have been tailored to this diverse workload. In addition to work in the hospitality and restaurant space, this firm has diversified by adding solar and lighting design to its list of services. Offering comprehensive options for a fixed rate has kept this company competitive and their inventive designs have set them apart. This creative group has a strong reputation for solving hard to figure issues, developing innovative solutions to complex engineering issues.

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Property Features and Assets:

8,100 square feet: just expanded with many upgrades, private offices, open conference areas, open workspaces, kitchens, custom furniture.

Market Competition and Expansion:

Growth Opportunities: Include electric car charging stations in services, increase solar projects, capitalize on existing customer relationships.

Reason for Selling:

Retirement planning.

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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