Seattle Based Civil Engineering Firm with 3 P.E.s

Seattle, WA


Asking Price: Annual Revenue:
$1,925,000 $1,750,000

Services: Engineering, Architectural Services


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RE: Seattle Based Civil Engineering Firm with 3 P.E.s Broker: Jared Olson
Owner Financing is Available!
10% Buyer Down Payment $192,500 15% Seller Financing or Equity Roll $288,750 75% Bank Loan $1,443,750

Quick Facts

Asking Price: $1,925,000
Annual Revenue: $1,750,000
Net Profit: Not Disclosed
Cash Flow: $515,000
Total Debt: Not Disclosed
FF&E: $398,038
Real Estate: Not Disclosed
Year Established: 2006
Employees: 11
BBN Listing #: 376534398
Broker Reference #: AEI016-D

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Business Overview:

The current owner of this civil engineering firm has offered to remain the equity owner if new ownership would prefer! Based in Seattle, Washington, the staff of this firm includes 3 Professional Engineers, 5 Surveyors, 2 CAD Technicians, 1 PT Structural Engineer, and 1 Office Manager. This excellent team has been able to build a diverse client base, a wide range of services, and an average profit margin of 31% in the past 3 years. With a client base including customers from the commercial, educational, institutional, large engineering, design firms, and a few from the residential sectors of Washington, Oregon and Alaska this business can truly boast their wide range of customers. Their services include civil engineering, surveying, planning, designing, and permitting work. Having been established in 2006, this business is ready for new ownership to capitalize on the excellent local reputation, current partnerships, and the nearly $400,000 worth of assets included in purchase to not only continue the business on as it has been running, but to enjoy continued growth and new business routes.

Along with providing all civil aspects of design and construction, the company also conducts value engineering studies, involving a team of multiple disciplines that dissect a project and provide input on how to improve the function and cost; this service has proven to be indispensable in the industry. The highly skilled team is based out of a 1,600 square feet office building. Additional assets are comprised of survey equipment, digital levels, total stations, scanners, high-end computers, and a multitude of top-notch engineering software including MicroStation, InRoads, Civil 3D, and Leica Geosystems.

This firm has substantial connections with several important projects. Continuing to build these relationships and engaging in large projects will certainly lead to an increased client base and growth in revenue. Priced at $1,925,000, this business is primed to bring new ownership a total of $515,000 in cash flow and is ready for new ownership to continue the legacy and reputation of focus and customer service that has been established.

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Property Features and Assets:

Vehicles: 2 vehicles - 2020 Toyota Truck, 2013 Toyota Equipment: Survey equipment, digital levels, total stations, scanners, high-end computers, multitude of software Intangible Assets: Strong recurring client base, well-known in the industry, long-standing reputation *amounts may vary, assets may be depreciated, replacement cost, or fair market value

Market Competition and Expansion:

Growth Opportunities: Continue to connect and engage in important projects in the area.

Reason for Selling:

Strategic Growth.

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.

Documents:

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