Looking for a buyer.
With over 90% repeat clients, this firm caters to a client base
which is primarily located in Oklahoma. However, 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. This 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###-###-#### This Structural Engineering
team consists of 3 Engineers, 1 CAD technician; 5-6 drafters,
and the owner who handles oversight and final approval of
plans. With the qualifications that the staff holds, they can
offer any service surrounding the scope of structural
engineering. The current owner handles general oversight
and gives the final approval on proposed plans. The 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 fitted with private offices, an open work area,
and a conference room with space for expansion.
Priced at $1,390,000 a 10% down payment of $139,000
returns $280,161 in the first year after debt payments, this a
return-on-investment rate of 201%! 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
listing type
exclusive representation
exclusive representation
industry
Construction
Construction
location
Tulsa, OK, USA
Tulsa, OK, USA
revenue
$974,641
$974,641
ebitda
$491,205
$491,205
proposed price
$1,390,000
$1,390,000
owner financing
$208,500
$208,500
SBA eligibility
yes
yes
collateral
Accounts Receivable
Cashflow
Accounts Receivable
Cashflow
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