Structural Engineering Firm-Outstanding Growth Potential
Business Description
Revenue Growth with New and Existing Clients
The company provides consulting structural engineering and related design services, specializing in structural steel, reinforced concrete, cold-formed steel, timber and masonry.
Owner is a Professional Engineer with an impressive history in management and completing a wide range of projects in Georgia and throughout the Southeast. Major markets served include commercial, industrial, healthcare, agriculture, food & beverage, education, and residential. Clients include architects, contractors, fabricators, detailers, and business owners. Clients range in size from small business to the Fortune 100.
Since 2004, the company has worked with over 400 clients. Each year the company completes about 100 projects and most of these clients are a source of repeat business. Approximately 75% of clients have been using the company’s services for at least three years. Revenue received over the years comes from a large number of clients each year, and the business does not rely on a short list of clients for the bulk of its revenue.
A qualified buyer must be a Georgia Registered Professional Engineer. Expertise in structural engineering, design of structural steel, reinforced concrete, and timber structures is required. Additional capabilities in steel connections, stairs and rails, cold-formed steel, and pre-engineered metal building foundation design is a plus.
Owner is a Professional Engineer with an impressive history in management and completing a wide range of projects in Georgia and throughout the Southeast. Major markets served include commercial, industrial, healthcare, agriculture, food & beverage, education, and residential. Clients include architects, contractors, fabricators, detailers, and business owners. Clients range in size from small business to the Fortune 100.
Since 2004, the company has worked with over 400 clients. Each year the company completes about 100 projects and most of these clients are a source of repeat business. Approximately 75% of clients have been using the company’s services for at least three years. Revenue received over the years comes from a large number of clients each year, and the business does not rely on a short list of clients for the bulk of its revenue.
A qualified buyer must be a Georgia Registered Professional Engineer. Expertise in structural engineering, design of structural steel, reinforced concrete, and timber structures is required. Additional capabilities in steel connections, stairs and rails, cold-formed steel, and pre-engineered metal building foundation design is a plus.
About the Business
- Years in Operation
- 28
- Employees
- 2
- Currently Relocatable
- Yes
- Facilities & Assets
- Business owner owns the property. Building is a 3,300 square foot one-story standalone structure with new paint, new roof and remodeled interior. Significant additional space for growth and adding staff is available.
Owner will lease or sell the property. The term of a lease would be up to five years with monthly rent of $1,500/month. Sale price for the property is $180,000. - Opportunities for Growth
- Growth potential for the company is outstanding as the owner has not been pursuing an aggressive growth strategy. Owner wants to retire soon and is maintaining the size of the company at the current level, and is working about 32 hours per week. New clients are gained mostly through referrals, but some new clients contact the company after visiting the website. Website provides an impressive list of services provided, client references and projects completed.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,300
About the Sale
- Seller Motivation
- Owner is retiring.
- Transition Support
- Will train for 4 weeks @ $0 cost.
- Financing Options
- $30K down/$30K over 60 mos. @ 7%/Other Financing.
Listing Info
- ID
- 2176583
- Listing Views
- 4317
Listing ID: 2176583 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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