Under Contract- Structural Engineering Firm in the Mid Atlantic Region

Structural Engineering business with over 30 years of experience in the Mid-Atlantic region is being offered for sale/acquisition. The company is well known for its creative designs and is a dominant player both locally and nationally in established and growing markets. The firm has seen consistent year-over-year growth in annual sales and profits. In 2023 the company’s sales revenue was over $1.8 million. The company has a two-year average adjusted EBIDTA of $322,908 and a five-year average weighted EBIDTA of $280,285. The sellers discretionary earnings/cash flow two-year average is $452,908, with a five-year weighted average of $410,285. The business is Pre-Approved for bank funding. Seller is transitioning into retirement.

Down Payment: N/A

Total Sales: $1,800,000

Cash Flow: $453,000

EBIT: N/A

EBITDA: $323,000

Accounts Receivable: N/A

Accounts Receivable Included: No

FFE: N/A

FFE Included: Yes

Inventory: N/A

Inventory Included: Yes

Year Established: 1991

Lender Pre-Qualified: Yes

Non-Owner Payroll: N/A

Employees: 9

Absentee Owner: No

Real Estate: N/A

Real Estate Included: No

Monthly Rent: N/A

Franchise: No

Facilities Information:

The company is certified in 37 states and has an excellent reputation for producing quality products. They have state-of-the-art software and equipment. The company has a full staff of talented and dedicated employees that are all expected to stay. The company operates out of three locations across the country, with its main office in the Mid-Atlantic region.

Terms and Conditions?:

Owner is open to discussing different terms and conditions.

Reason For Sale:

Retirement

Training & Support:

Yes

Historical Summary:

Founded in 1991, the company offers a full suite of commercial, industrial, and residential structural design and engineering services to its clients. As governmental and environmental regulations increase, the building industry has shifted toward more green and sustainable building practices. Engineering design firms involved in specialized Wood Frame Engineering and Agricultural Engineering have been able to capitalize on growing niche markets.

Owner Qualifications:

The current owner is actively involved in the business and willing to assist with transition and train as necessary.

Competition:

As environmental regulations have increased, many companies have focused on developing environmental initiatives. There is a growing demand for alternative building designs. Leadership in Energy and Environmental Design (LEED) standards have become a recognizable signal for building sustainability and performance, leading companies to rethink services and invest in these growing market sectors. The green and sustainable engineering design sector’s growth is expected to continue. So, while competition does exist, the growing demand for services has created opportunities for businesses to thrive and expand.

Potential Growth:

The company has seen many new opportunities arise in these markets recently. They continue to see increased revenue and profits year after year. The firm is well positioned for future growth. They have a large and diversified customer base. With adaptable and talented staff, the company direction/focus can easily be scaled to suit purchasers’ needs. This market-leading company chooses to focus much of the company’s resources on the proven profitability of these two green and sustainable sectors.

The acquiring party could immediately begin to see an increase in revenue/profits by leveraging this firm’s existing infrastructure, staff, relationships, and knowledge of these market segments.

Financing/Terms:

Negotiable