Business Overview:
This Company, located in West Michigan, is a multi-disciplined engineering firm that specializes in civil, environmental, structural, electrical, construction and forensic engineering. Employing highly experienced, senior-level engineers and scientists, the Company brings large-firm experience with a small-firm culture of nimbleness, economy and responsiveness to client needs. Low overhead provides competitive billing rates, while expertise brings innovative solutions and personalized services. With a focus on the latest technology and current trends in engineering services, along with a strong reputation, the Company is well-positioned to grow under new hands-on ownership.
Included in the sale would be the Company’s forensic engineering book of long-standing clients, along with the Company’s engineering field equipment and related goodwill. The owner is willing to provide some extended hands-on training and transition services to a new buyer, and the other highly trained engineers are willing to continue in their current roles.
This is an excellent opportunity for an experienced engineer to own their own business with a $25,000 to $30,000 down payment and the remainder in SBA bank financing.
2019 Revenue: $840,000
2019 EBITDA: $160,000
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Property Features and Assets:
6,000 square feet office in good location available for lease for $2,322/month - not owned by seller of the business.
Market Competition and Expansion:
Very Niche Business with Limited Competition. Lots of opportunity to grow in different engineering disciplines,
Reason for Selling:
Looking to retire.
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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