Boutique Engineering Firm with Structural Focus for Schools for sale in Oklahoma City, OK

Business Summary:
Boutique Engineering Firm with structural focus having a client base of municipal and commercial based workwhich includes institutional buildings, warehouses, schools, gymnasiums, churches, and retirement & nursing homes. Serving clients in several states with 95% repeat! This steady client base has allowed the firm to reach a profit margin of 49%. The firm 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, he does not have any billable engineer hours. 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. Priced at $1,150,000, this company would be a great investment for a larger firm who is looking to expand their office and add to their existing portfolio. 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.