Annual Revenue: $2,100,000
Net Cash Flow: $1,100,000
Location: Bergen County, New Jersey
This company has been sold.
Civil and Structural Engineering Business with very high profit margins. To supplement their New Jersey staff, they have high quality overseas employees that are able to do labor intensive work at very cost effective salaries. Their employees have been with them for a number of years and are full time dedicated employees. The New Jersey and overseas office functions as a seamless unit. Almost all of their clients are large industrial companies that provide them with repeat business over the course of many years. Their clients pay within 30 days so this provides them with steady cash flow.
Growth and Expansion: They currently don’t do any electrical engineering or mechanical engineering. A company that is able to offer these and other services could increase revenue by cross selling their loyal customer base.