Structural Engineering With 95% Reoccurring Client
Relocatable, OK Oklahoma County
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- RE: Structural Engineering With 95% Reoccurring Client
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $725,000 | |
| Annual Revenue: | $938,767 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $427,046 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2006 | |
| Employees: | 4 | |
| BBN Listing #: | 992653 | |
| Broker Reference #: | AEI006-P |
Business Overview:
This boutique engineering firm specializes in structural engineering services and has established a strong client base primarily consisting of municipal and commercial projects. With a proven track record of delivering highquality work, the firm boasts an impressive 95% repeat client rate. The firm’s portfolio includes a diverse range of projects such as institutional buildings, warehouses, schools, gymnasiums, churches, and retirement & nursing homes. Led by a team of three experienced engineers, one CAD technician, and five to six drafters, this firm possesses the expertise and manpower to handle various structural engineering projects efficiently. With the qualifications that the staff holds, they can offer any service surrounding the scope of structural engineering. The current owner handles general oversight and gives the final approval on proposed plans, he does not have any billable engineer hours. The owner has offered a 3-year training period to assist with a smooth transition of ownership. In addition to this, the owner has offered 15% seller financing of the purchase to show good faith in the continued success of the business moving forward. Priced at $725,000, this company would be a great investment for a larger firm who is looking to expand their office and add to their existing portfolio. The company utilizes 2,600 square feet of space in a local office building fitted with private offices, an open work area, and a conference room with space for expansion.
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Property Features and Assets:
Equipment: $73,000: Office equipment, furniture, large format printers, drafting and other software
Market Competition and Expansion:
Growth Opportunities: Maximize utilization of overseas firm to increase capacity while maintaining positive margins, build client base in the OKC area, expand to additional states
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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