Seller's Contact Information
- RE: Established Traffic Engineering Firm
- Contact: Ken Elkin
Quick Facts
Asking Price: | $1,550,000 | |
Annual Revenue: | $1,303,179 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $822,689 | |
Total Debt: | Not Disclosed | |
FF&E: | 5,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2001 | |
Employees: | 3 | |
BBN Listing #: | 128311185 | |
Broker Reference #: | 170-03617 |
Business Overview:
ESTABLISHED TRAFFIC ENGINEERING FIRM. Respected industry leader located in one of Florida's highest growth areas. 90% private sector: Traffic studies, signal design, maintenance of traffic, parking studies. Recurring customers include large Home Builders, Developers and Land Owners. Much of the firm's work is performed under ongoing master agreements. Unrealized opportunity for growth in the public sector (government infrastructure spending). Seller is motivated and willing to effectively transition the business over time. All buyers must provide personal financial statement and resume that includes a background in transportation or civil engineering. Lender Pre-Qualified.
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Property Features and Assets:
Lease/Month: $3,000. Square Footage: 1,500. Building Type: Offices. Terms & Options: Office to be relocated. Expiration Date: 5/16/2023. Down Pmt: $165,700. SBA Loan Amt: $1,491,300. Mos: 120. Rate: 8.25. Mo Pmt: $18,291.19
Reason for Selling:
Transition to Retirement.
Additional 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
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