Structural Engineering Business – Owner will stay for 3 years.

This structural Engineering Business has a client base that is 100% commercial: with their work including institutional buildings, warehouses, retail shopping centers, schools, gymnasiums, churches, and retirement & nursing homes. This steady client base has allowed the firm to reach a profit margin of 49% in###-###-#### With over 90% repeat clients, this structural engineering firm caters to a client base which is primarily located in Oklahoma. While most of this company’s clients are in Oklahoma (95%), those companies have multiple locations throughout the United States and due to their long-term relationships, the firm handles work for many of those projects. The team consists of 3 Engineers, 1 CAD technician; 5-6 drafters at contracted firm, and the owner who handles oversight and final approval of plans. With the qualifications that the staff holds, they can offer any service surrounding structural engineering. The current owner has offered a 3-year training period to assist with a smooth transition of ownership. In addition to this, the owner has offered 15% seller financing or equity roll of the purchase to show good faith in the continued success of the business moving forward. The company utilizes 2,600 square feet of space in a local office building. There is room within the building for expansion, if desired. Priced at $1,425,000 a 10% down payment of $142,500 returns $262,396 in the first year after debt payments, this a return-on-investment rate of 178%! The current owner has agreed to stay on for three years and carry 15% of the business after purchase to show just how much faith he has in the business and in the new owner’s opportunities to continue and grow.