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Civil Engineering Firm with Surveying - Focused in Educational

seattle, Washington

Asking Price: Gross: Cash Flow:
$1,900,000 $1,750,000 $515,000

Furniture and Fixtures Value:
$398,038 (included in the asking price)

Business Summary:
The current owner of this civil engineering firm is looking for a strategic growth partner and has offered to remain the equity owner if new ownership would prefer. Based in Seattle, Washington, the staff of this firm includes 3 Professional Engineers, 5 Surveyors, 2 CAD Technicians, 1 PT Structural Engineer, and 1 Office Manager. Their services include civil engineering, surveying, planning, designing, and permitting work. With an average profit margin of 31% over the past 3 years, this civil engineering firm has been able to build a diverse client base including customers from the commercial, educational, institutional, large engineering, and design fields. As well as a few customers from the residential sectors of Washington, Oregon, and Alaska. Having been established in 2006, this business is ready for new ownership to capitalize on the excellent local reputation, current partnerships, and the nearly $400,000 worth of assets included in purchase. This will allow them to not only continue the business on as it has been running, but to enjoy continued growth and new business routes. The highly skilled team is based out of a 1,600 sq. ft. office building. Additional assets are comprised of survey equipment, digital levels, total stations, scanners, high-end computers, and a multitude of top-notch engineering software including MicroStation, InRoads, Civil 3D, and Leica Geosystems. Along with providing all civil aspects of design and construction, the company also conducts value engineering studies, involving a team of multiple disciplines that dissect a project and provide input on how to improve the function and cost; this service has proven to be indispensable in the industry.This firm has substantial connections with several important projects. Continuing to build these relationships and engaging in large projects will certainly lead to an increased client base and growth in revenue. Priced at $1,900,000, this business is primed to bring new ownership a total of $515,000 in cash flow and is ready for new ownership to continue the legacy and reputation of focus and customer service that has been established.

 
   
   
Year Business was Established: 2006
   
Number of Employees: 11  
   
Facilities / Terms of Lease: 1,600 sq. ft. office building  
   
Potential Growth/Expansion: Continue to connect and engage in important projects in the area  
   
Owner willing to finance: 10% Buyer Down Payment $190,000 20% Seller Financing or Equity Roll $380,000 70% Bank Loan $1,330,000  
   
Owner willing to train: 3-5 years. Will remain equity owner if buyer desires  
   
Reason for selling: Strategic Growth  
 

 

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