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Engineering Business – Sold

Price: $1,200,000

Annual Revenue: $2,590,505

Net Cash Flow: $464,223

Industry: Engineering

Location: New York

Engineering firm that has Fortune 500 clients that they have provided their expertise to for many years. They do work in a variety of industries but their biggest specialty is doing work in the Telecommunications and Technology industry and have experience with designing private networks, data rooms, fiber networks, project management, inspections, preparing construction drawings, and more. They have civil and mechanical engineers. They haven’t done any marketing or sales recently so a new owner could be more proactive in expanding the business. The current owner is retirement age and does not actively manage the business. He has an operations manager that runs the business for him. They also have project managers that are actively engaged at client sites for long term assignments. The current owner would stay on after the sale for a transition so that a change of ownership should be seamless.

Listing Details

Reason For Sale:

Retirement

Summary

Financing/Terms:

Seller will consider providing some financing

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