Engineering Business/Structural Design
| Asking Price: | Not Disclosed | Inventory: | |
| Gross Revenue: | Not Disclosed | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
This business is a well-respected, established professional engineering firm in the metro NY area. The three main sectors of the business are: Building Structural Design and Analysis, Rigging, and Forensic Engineering. The operations within the building structural design and analysis section consist of building structural design including concrete and pile foundations, structural steel, and reinforced concrete. Firm has worked for many steel fabrication companies producing calculations and checking drawings for staircases, splices, and temporary structures required during erection. The company also designs shoring systems and all other required temporary supporting systems while the existing structure is being renovated. This is an ideal situation for a young, professional structural engineer. Seller will remain on-staff on a reduced workload basis to mentor and provide support for an extended period.
About the Business
Year Established:1983
Employees:4 full time - 4 part time
Facilities:Firm operates out of an approximately 2,000 square foot building (incl. in sale), with all FF&E, including AUTOCAD computer workstations.
Market Outlook and Competition:As the present operator has reached retirement age and has a steady stream of customers, he is not aggressively marketing the firm's services. Growth is only limited by the ability to engage additional engineering staff. Firm is well-known structural engineering firm, that relies on past customers and reputation for new business.
About the Sale
Management Training and Support:Seller will remain on staff for up to five years.
Reason For Selling:Seller wants to divest from day to day administrative duies.
Seller Financing:Seller financing to qualified buyer.
KEYWORDS: Professional Engineer, Engineering Services
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