PHILADELPHIA, Pennsylvania
| Asking Price |
$1,225,000 |
Year Established |
2016 |
|
| Annual Revenue |
$618,022 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
|
|
| Annual Cash Flow |
$321,966 |
Listing Number |
1014941 |
|
| # of Employees |
2 |
Business Category |
Services: Engineering, Architectural Services |
|
Business Overview:
Structural engineering firm offering a range of services including structural design, analysis, investigation, and forensic evaluation, with a niche in supporting manufacturing clients on prefabricated equipment, rooftop systems, and modular enclosures. The business benefits from a highly stable client base, with approximately 90% of revenue generated from repeat clients and 10% from new engagements. Founded in 2016 and headquartered in the Greater Philadelphia area, they serve clients throughout Pennsylvania, New Jersey, Delaware, and the broader MidAtlantic region. In addition to its manufacturing focus, the company serves a diverse mix of architects, property owners, contractors, and institutional clients, including hospitals, universities, and commercial facilities. The included working capital is $115,000 with over $470,000 in backlog and WIP. The operations are supported by a well tenured Licensed Engineer, and an Office Administrator. The owner is involved in the day-to-day operations, and has offered to stay with the business for 1 to 3 years in order to transition the new owner into their role. Additionally, the seller has offered to carry 20% as a vested interest in the continued success of the business post close. Priced at $1,225,000, this company presents multiple avenues for growth, including expanding its established manufacturing client base, deepening relationships with mechanical contractors who require structural support for equipment installations, and increasing penetration into adjacent geographic markets. Additional upside exists in further developing niche service lines such as forensic engineering, restoration, and specialty project work, as well as leveraging the firm’s strong reputation to capture new client segments and larger-scale engagements.
Property Features and Assets:
<p>• Profit Margin: 52% </p><p>• Included Working Capital: $115,000 </p><p>• Backlog & WIP: Over $470,000 </p><p>• Fully SBA Approved!<br></p>
Market Competition and Expansion:
<p>Expanding the existing manufacturing client base, building partnerships with mechanical contractors & other disciplines, and geographical expansion<br></p>
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