Looking for a buyer.
This industrial & commercial engineering firm in Oklahoma City boasts a 49% profit margin and includes a sister company in India. They are well established in the OKC region with loyal clients nationwide. Their client base is 100% commercial and includes industrial spaces, schools, and convenience stores. The current owner provides general oversight and has a strong team of professionals in place who keep the business running exceptionally. This company has a continuous pipeline and 6 active projects at any given time. The new owner does not need to be a structural engineer and the current owner is willing to spend 2 years assisting with a smooth transition before retiring. You can expect a 112% return on investment in the first year! Most of this company’s clients are in Oklahoma (95%), but 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 owner manages the partnership with the contracted firm, as well as client relationships, general oversight, and has final approval for all plans before they are submitted to the customer. There is a sister company in India that serves as a back office for this firm. The company utilizes 2,600 square feet of space in a local office building. This space features private offices, an open work area, and a conference room. There is room within the building for expansion, if desired. This firm has tremendous growth opportunities. Expansion may be found in expanding the local customer base, building clients who need an engineering firm with experience working on projects through the US. Additionally, one could maximize the utilization of the sister firm in India to increase capacity and improve margins. Priced at $1,719,000, a 10% down payment of $171,923 returns $200,907 in the first year after debt payments – a 117% return on investment.

listing type
exclusive representation
industry
Business Services
location
Oklahoma City, OK, USA
revenue
$898,906
ebitda
$438,162
proposed price
$1,719,000
owner financing
$343,847
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