Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Multi-disciplinary Engineering Consulting Firm
LISTING DETAILS
Firms For Sale ID:
28594
Vendor reference:
2647
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
Undisclosed
Turnover / revenue:
$1,640,000
Net profit / cashflow:
$227,000
Number of employees:
17
OTHER DETAILS
Reason for selling:
While the principals are pleased with the Company’s growth and success, they recognize that the business is well positioned for continued growth over both the near term and long term. However, new ownership with greater capital and human resources may be better suited to take advantage of exciting growth opportunities
Support and training:
The active principals are available to remain with new management to facilitate a smooth ownership transition.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
This Company for sale is a well-respected multi-disciplinary engineering consulting firm with core capabilities in civil engineering, land development, landscape architecture, land surveying, and environmental services. The Company provides services to diverse industry segments, including public (60 percent of billings) and private (40 percent) sector clients primarily within a 40-mile radius of its headquarters. Work encompasses both the public and private sector, including schools, shopping centers, retail, and industrial projects. Fiscal 2012 sales are forecast to increase 6.5 percent to approximate $1.75 million with SDE of $253,750.
Expansion Potential
The Company’s strong client relationships and long-standing reputation present clear opportunities to increase market share. Developing a marketing program and pursuing geographic expansion present exciting areas for more aggressive management to pursue immediate growth through the injection of capital and human resources.