Business For Sale

Professional Engineering Firm in Central Virginia

Not Disclosed, VA

Asking Price: Annual Revenue:
$875,000 $1,026,873

Services: Engineering, Architectural Services

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RE: Professional Engineering Firm in Central Virginia Broker: Michael Metzger
Owner Financing is Available!
Lender pre-screened with $87,500 down. This business has been reviewed and pre-approved for financing for a well qualified buyer. Because it is a professional services firm, the bank is willing to finance up to 90% of this transaction.

Quick Facts

Asking Price: $875,000
Annual Revenue: $1,026,873
Net Profit: Not Disclosed
Cash Flow: $378,039
Total Debt: Not Disclosed
FF&E: $27,151
Real Estate: Not Disclosed
Year Established: 2002
Employees: 9
BBN Listing #: 99764955
Broker Reference #: 2006-14378

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Business Overview:

For almost 20 years, this Virginia company has specialized in advanced testing and third party inspections of residential, light commercial and public sector construction projects. With an onsite laboratory, this firm is able to perform many types of soil and materials analysis and provides inspections services for slabs, pilings and other structural components. With a maniacal focus on compliance and customer service, this company has built a strong reputation in the local community and thrives on long-lasting relationships with local builders and contractors throughout the Commonwealth!

This is an ideal opportunity for an individual with a PE certification, or an existing firm looking to grow its footprint through acquisition.

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Property Features and Assets:

The company operates out of a 1,200 square feet suite of offices currently owned by the seller. Seller will issue new triple net lease to buyer. Assets= $27,151

Market Competition and Expansion:

While there is no shortage of skilled engineering firms, many larger companies have lost their focus on the small, local builders. This company has built it's reputation on relationships and outstanding customer service. With the boom is residential construction, there is ample opportunity for growth. The company currently is operating near full capacity, but the addition of new PE's and field techs would allow them to take on work currently being turned away.

Reason for Selling:

Owner is retiring.

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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