Business For Sale

Aerospace &Tech Consulting w/International Clients

Atlanta, GA
Fulton County


Asking Price: Annual Revenue:
$2,500,000 $5,123,018

Technology: Business Services (B2B)


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RE: Aerospace &Tech Consulting w/International Clients Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $2,500,000 15% Buyer Down Payment: $375,000 5% Seller Financing: $125,000 80% Bank Loan: $2,000,000 A 15% down payment profits $220,964 in the first year after debt payments.

Quick Facts

Asking Price: $2,500,000
Annual Revenue: $5,123,018
Net Profit: Not Disclosed
Cash Flow: $599,534
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1992
Employees: 40
BBN Listing #: 423934398
Broker Reference #: PRO023

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Business Overview:

Located in Atlanta, this dynamic technology consulting firm has 40+ skilled employees in place to handle any job. This company works with local, national, and international clients. With a specialization in placing skilled engineers on-site within a company to build custom applications and software, this company can meet the needs of small to large businesses. Notable clients have included 3M, Intel, Gulfstream, Scientific Games, and more. This company can meet various needs of clients serving a vast array of customers. They have even entered the aerospace market! The seller is also currently working on securing contracts in the defense arena that should prove to be a great growth opportunity!

This company has built a strong reputation over the past 25 years, and continues to grow. Currently employing between 35 – 40 engineers, this business has the capacity to develop and continue nationwide projects. In addition, nationwide clients, a majority of clients require service in the Atlanta area. Engineers will travel where the client needs them, including oversees, which occurs roughly 5% of the time.

Growth exists in bidding more contracts. The seller had a large infrastructure build contract in 2015 that bumped gross sales to over $7M. Seeking out more of those opportunities, as well as government contracts, will provide great income streams.

Years in Business: 25
Location and Service Area: Atlanta
Services: Software development, PLM software, software configuration management, software QA/testing, telephony engineering
Industries: High Tech, Aerospace, Manufacturing, Media & Information Services, Telecommunications, Healthcare, Defense
Lease: Small office space is rented – employees work from home, but come into the office 2 to 3 days per week
Reason for Selling: Retirement
Employees: 40: Recruiting/Sales, Resource Manager, 2 in Billing/Payroll; about 35-40 Software & Aerospace Engineers (some W2, some 1099)
Seller Training Period: 3-6 Months
Growth Opportunities: Bid more contracts
Current Owner’s Responsibilities: Manages accounts, employee oversight, oversees financials.

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Property Features and Assets:

Lease: Small office space is rented – employees are able to work from home but come into the office 2 to 3 days per week Equipment: Office furniture and fixtures Intangible Assets: Relationships, reputation, contacts Seller will retain A/R and A/P

Market Competition and Expansion:

Services: Software development, PLM software, software configuration management, software QA/testing, telephony engineering Industries: High Tech, Aerospace, Manufacturing, Media & Information Services, Telecommunications, Healthcare, Defense Growth Opportunities: Bid more contracts

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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