Toronto, Ontario
| Asking Price |
$8,400,000 |
Year Established |
2005 |
|
| Annual Revenue |
$4,626,490 |
Reason for Selling |
Exit strategy. |
|
| Annual P/L |
|
Attention |
Cortney Sells |
|
| Annual Cash Flow |
$1,420,321 |
Listing Number |
541114 |
|
| # of Employees |
50 |
Business Category |
Services: Engineering, Architectural Services |
|
Business Overview:
With over $4.6M in sales and a 31% profit margin in 2020, this Toronto-based engineering consulting firm has seen steady growth over the years. With solid long-term relationships established with their clients throughout Canada, they offer a variety of services including geotechnical instrumentation and monitoring, noise & vibration monitoring, geotechnical engineering & material testing, building design, environmental engineering, civil engineering design & planning, hydrogeological engineering, Ground Penetrating Radar (GPR) scanning services, noise impact studying, and construction dust monitoring. Taking on large, long-term projects for transit authorities, governmental organizations, and general contractors, this company has wide-ranging capabilities creating a consolidated resource for customers to meet their project goals. A focus of the company is on transit systems including tunneling, subway, rail and subway stations, bridges, sewer and water infrastructure, and highways. Their 50 personnel includes professional engineers, architects, subject matter experts, software engineers, surveyors, accounting, and administration.
The owner of this business currently oversees operations and is a reliable and very knowledgeable resource for employees. The owner manages the strong growth trajectory and supports positive client relationships. To continue revenue growth, one could consider offering commissions to the sales team to boost external relationships networking and earning additional contracts.
Operations are managed from the 10,000 square foot headquarters located in the Greater Toronto Area. The company has over 15 years of experience serving Canada, and has expanded its business to Trinidad, Tobago, Turkey, China, and the United States.
Property Features and Assets:
10,000 square feet: Offices, conference rooms, open work areas, IT room, break room, restrooms, storage.
Market Competition and Expansion:
Encourage sales by offering commissions to sales team.
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