Business For Sale Listing 146481
Structural Engineering Firm
Status as of Sep-5-2008 at 06:00 PM: Active
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Business Summary
We have been retained to identify an acquirer for a successful consulting firm providing professional structural engineering services (“Firm”, or “Company”) in the Mid-Atlantic region. The Company is a 14-member structural engineering firm, certified as a small business by the U.S. Small Business Administration. The services provided, which include over 3,000 successfully completed projects to date, cover the following: design of new buildings with concrete, structural steel, wood, masonry; light-gage steel framing systems; evaluation of existing buildings; renovation and modification of historic buildings; upgrading building systems; field investigations, studies and analysis of complex engineering issues; contract drawings and specifications; design calculations; bid letting services; review of shop drawings; construction administration and supervision; sustainable design services; value engineering; and concrete repair. The Firm also has a vast experience in conducting: needs assessments; feasibility surveys; environmental studies; and designs, cost estimates, and construction administration. The Company has a strong track record of profitability, a strong balance sheet, and very minimal debt. Even with revenues slightly down, net income in 2007 was up by 62% over 2006. Full-year 2007 saw the firm generate $1.7 million in revenues and $337,000 in single owner cash flow. Gross profit in 2007 was 66%, which is consistent with the average of the past 3 years. Proposals and Letters of Intent are expected in the range of 3.5 to 4 times Seller’s Discretionary Cash Flow plus the value of Net Working Capital, subject to deal structure and other terms. For a complete book on this business please contact us.
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million (1,700,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (340,000) |
| Profit Type: |
Cash Flow |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $1 Million and $2.5 Million (1,300,000) |
