Engineering with 70+ Recurring Clients

Las Vegas, NV
Clark County


Asking Price: Annual Revenue:
$6,950,000 $2,606,294

Services: Engineering, Architectural Services


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RE: Engineering with 70+ Recurring Clients Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $6,950,000 10% Buyer Down Payment $695,000 20% Seller Financing or Equity Roll $1,390,000 70% Bank Loan $4,865,000 A 10% down payment of $695,000 returns $655,331 in the first year after debt payments!

Quick Facts

Asking Price: $6,950,000
Annual Revenue: $2,606,294
Net Profit: Not Disclosed
Cash Flow: $1,614,434
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 5
BBN Listing #: 932434398
Broker Reference #: AEI018

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Business Overview:

The majority of clients for this engineering firm have been with them for a minimum of 5-10 years! With a 5-year average profit margin of 58% and a 97% recurring client base, the owners of this well-established structural engineering firm will stay on board for up to 5 years. A new owner would not need to be a licensed engineer; there would just need to be one on staff to stamp the drawings, designs, plans, etc. Established since 2006, this company boasts a client base of over 70 clients comprised of contractors, developers, architects, engineers, and owner-builders, approximate sale size ranges from $20k-$60k for residential projects and $2k-$3k for the offsite civil structures. The hot residential market in Las Vegas has propelled this firm’s business to focus and specialize in custom, tract, and multifamily homes, as well as offsite civil structures. The team includes the 3 owners, who are licensed professional engineers (CE), 1 Senior Project Manager, 1 Drafter, and 2 regular professionals subcontracted as needed.

The firm works out of a 4,000 sq. ft. building with 7 offices, a conference room, meeting room, IT room, and a bullpen with 6-cubicle workstations and a production area. The owners of the business also own the building (through a separate entity) and lease it to themselves for $7,000/month. (A fair market rate for rent would be in the $4,000/month range.)

Priced at $6,950,000, the growth potential for this firm is substantial. With the constant influx of population, the Las Vegas construction market is booming with design demand in every sector. This demand yields several untapped markets in the region that this firm simply does not currently have the manpower to explore. A larger firm looking to expand into this hot market, or an existing firm that offers different services, could seamlessly merge with this versatile and well-recognized company to increase market share, and exponentially boost revenue. Having established a great reputation, this firm’s current marketing practice consists entirely of word-of-mouth advertising. So, updating their website, creating a social media presence, and implementing a marketing strategy could also lead to continued growth.

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Market Competition and Expansion:

Expand services to include mechanical engineering, implement marketing strategy, pursue untapped markets in the area such as warehouse manufacturing, increase commercial client base

Reason for Selling:

Pursuing other ventures.

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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