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    Boutique Engineering Firm with Structural Focus for Schools - Oklahoma City, United States - The Firm Business Brokerage

    The Firm Business Brokerage
    The Firm Business Brokerage Oklahoma City, United States

    3 weeks ago

    Default job background
    Description
    Boutique Engineering Firm with Structural Focus for Schools

    Seller will remain in place for 2-3 years


    CASH FLOW
    $254,584
    Specifications

    Price
    $1,150,000
    Revenue
    $1,459,369
    Reason for Sale
    Retirement planning
    Service Area
    95% of clients are located in Oklahoma, but projects are completed in 27+ states
    Equipment
    $73,000:
    Office equipment, furniture, large format printers, drafting and other software
    Lease
    2,600 sq


    ft:
    Private offices, open work area, conference room, room for expansion, if desired
    Employees
    4: 3 Engineers, 1 CAD technician; 5-6 drafters at contracted firm
    Intangible Assets
    Long-term client base, wide variety of client projects, experienced employees with long tenures, extended partnership with contracted firm that is positive for high-quality work and bottom line

    Boutique Engineering Firm with structural focus having a client base of municipal and commercial based work which includes institutional buildings, warehouses, schools, gymnasiums, churches, and retirement & nursing homes.

    Serving clients in several states with 95% repeat This steady client base has allowed the firm to reach a profit margin of 49%.

    The firm consists of 3 Engineers, 1 CAD technician; 5-6 drafters, and the owner who handles oversight and final approval of plans.

    With the qualifications that the staff holds, they can offer any service surrounding the scope of structural engineering.

    The current owner handles general oversight and gives the final approval on proposed plans, he does not have any billable engineer hours.

    The owner has offered a 3-year training period to assist with a smooth transition of ownership.

    In addition to this, the owner has offered 15% seller financing or equity roll of the purchase to show good faith in the continued success of the business moving forward.

    Priced at $1,150,000, this company would be a great investment for a larger firm who is looking to expand their office and add to their existing portfolio.

    The company utilizes 2,600 square feet of space in a local office building fitted with private offices, an open work area, and a conference room with space for expansion.

    Complete the following information to sign an NDA and see more details
    Thinking of Selling?

    When selecting an M&A firm, please use the following Scorecard:

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    for our M&A Scorecard
    The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Advisors, LLC. The Firm is not a real estate brokerage and does not sell real estate. The Firm solely advises on exit strategy.

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