LUBBOCK, Texas
| Asking Price |
$1,950,000 |
Year Established |
|
|
| Annual Revenue |
$2,293,720 |
Reason for Selling |
Retirement / Age |
|
| Annual P/L |
$0 |
Attention |
|
|
| Annual Cash Flow |
$532,464 |
Listing Number |
1019624 |
|
| # of Employees |
12 |
Business Category |
Services: Engineering, Architectural Services |
|
Business Overview:
This engineering firm provides mechanical and electrical design for commercial and public-sector buildings. Its services span HVAC, lighting, power, and fire-alarm systems. Most engagements bring both disciplines together, giving Architectural Firms & General Contractors a coordinated engineering resource from design through construction administration. Their core service area is around Lubbock with clients throughout the Texas Panhandle, and additional projects throughout the state of Texas. Projects have included commercial facilities, schools, college campuses, and government buildings. The business is supported by a full team including 3 engineers and 9 designers/drafters. Daily operations are supported by a ~5,500-square-foot office with individual engineering offices, dedicated design and drafting space, and conference rooms. Its model separates engineering design and technical oversight from drawing production, allowing each group to focus on its area of responsibility. The Seller is active in proposals, project oversight, mechanical review, office administration, and select engineering assignments. The seller is planning for retirement and paving a succession runway to shift management responsibilities to the new owner while continuing to contribute as an engineer, supporting continuity through the transition. Additionally, the seller has offered to carry 15% of the purchase price as a show of good faith in the continued success of the business post-close! Offered at $1,950,000, this established consulting engineering firm brings more than three decades of operating history, long-standing client relationships, and a founder willing to support the transition while continuing in an engineering role. Potential avenues for growth include more structured marketing, selective pursuit of public-sector projects, and exploration of data-center-related work.
Property Features and Assets:
Market Competition and Expansion:
<p>Growth Opportunities: Potential avenues include structured marketing, selective pursuit of public-sector opportunities, and exploration of data-center-related work.</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