OK City Structural Engineering Firm with 35% Margi

Oklahoma City, OK

Asking Price: Annual Revenue:
$990,000 $924,208

Services: Engineering, Architectural Services

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RE: OK City Structural Engineering Firm with 35% Margi Broker: Seller of Business
Owner Financing is Available!
Purchase Price: $990,000 10% Buyer Down Payment: $99,000 10% Seller Financing: $99,000 80% Bank Loan: $792,000 A 10% down payment of $99,000 returns $180,042 in the first year after debt payments!

Quick Facts

Asking Price: $990,000
Annual Revenue: $924,208
Net Profit: Not Disclosed
Cash Flow: $327,086
Total Debt: Not Disclosed
FF&E: $73,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 14
BBN Listing #: 884134398
Broker Reference #: AEI006

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Business Overview:

Established since 2006, this Oklahoma City structural engineering firm had a 35% profit margin in 2019! A majority of this company’s clients are located in Oklahoma (95%), but those companies have multiple locations throughout the United States and due to their long-term relationships, the firm handles work for many of those projects. The team of four includes three engineers and one CAD technician besides the owner and remote office. They also work in partnership with a contracted firm that has five to six drafters and five to six engineers at any one time. This remote team is wholly dedicated to the work of the primary company. Due to the partnership, the bottom line improves without sacrificing high-quality, detailed work. The owner manages this relationship as well as client relationships, general oversight, and has final approval for all plans before they are submitted to the customer.

The company utilizes 2,600 square feet of space in a local office building. This space features private offices, an open work area, and a conference room. There is room within the building for expansion, if desired. Assets include office equipment, standard office furniture, as well as drafting and technical software.

Expansion may be found in expanding the local customer base, building clients who need an engineering firm with experience working on projects through the US. Additionally, one could maximize the utilization of the contracted firm to increase capacity and improve margins.

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Property Features and Assets:

2,600 square feet: Private offices, open work area, conference room, room for expansion, if desired.

Market Competition and Expansion:

Maximize utilization of sister firm to increase capacity while maintaining positive margins, build client base in the OKC area, expand to additional states.

Reason for Selling:

Strategic exit 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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