Looking for a buyer.
Well-established in the Tampa Bay Area for nearly 70 years, this full-service civil engineering has a 35% average profit margin! The firm presently splits focus between private (70% of total work) and municipal work (30%). Residential surveying, commercial surveying, and civil engineering work include past projects such as a local marine aquarium, marinas, chain restaurants, local parks and recreation facilities, MLB spring training facilities, and fire stations, all throughout the greater Tampa Bay Area. Design work for projects is done through the CAD technology. The firm currently has 3 owners (with equity at 38%, 38%, and 24%). One of the principal owners focuses on maintaining the firm’s municipal sector leads and contacts, ensuring that work in the field remains solid—this owner is looking to retire. The other principal owner works closely with all other clients and assists in project oversight—this owner is looking to explore other business interests. The minority owner is the head engineer on staff. Other personnel include 4 degreed engineers, 3 licensed land surveyors, 6 land surveying crew personnel, 2 survey CAD technicians, 3 CAD designers, 1 certified planner, and 1 biologist, with some additional office staff. Priced at $3,150,000, a 12.5% down payment of $393,750 returns $405,363 in the first year after debt payments – 1 103% return on investment! This is not an opportunity to miss and is one that is guaranteed to have consistent and excellent services. As little marketing is currently done, expanding this area will surely bring in more clients, and hiring more personnel would allow for the service area to expand outside of the greater Tampa Bay Area.

listing type
exclusive representation
industry
Construction
location
Pinellas County, FL, USA
revenue
$2,293,747
ebitda
$827,221
proposed price
$3,150,000
owner financing
$393,750
equipment
$100,000
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