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Professional Engineering Firm in Central Virginia for sale in VA

Virginia (VA)

Asking Price: Gross: Cash Flow:
$ 750,000 $ 626,451 $ 218,153

Furniture and Fixtures Value:
$ 27,151 (included in the asking price)

Business Summary:
For almost 20 years, this Virginia company has specialized in advanced testing and third party inspections of residential, light commercial and public sector construction projects. With an onsite laboratory, this firm is able to perform many types of soil and materials analysis and provides inspections services for slabs, pilings and other structural components. With a maniacal focus on compliance and customer service, this company has built a strong reputation in the local community and thrives on long-lasting relationships with local builders and contractors throughout the Commonwealth! This is an ideal opportunity for an individual with a PE certification, or an existing firm looking to grow its footprint through acquisition.

 

   
Year Business was Established: 2002
   
Number of Employees: 7 FT / 2 PT  
   
Facilities / Terms of Lease: The company operates out of a 1200 sq ft suite of offices currently owned by the seller. Seller will issue new triple net lease to buyer.  
   
Potential Growth/Expansion: With the boom is residential construction, there is ample opportunity for growth. The company currently is operating near full capacity, but the addition of new PE's and field techs would allow them to take on work currently being turned away.  
   
Competition: While there is no shortage of skilled engineering firms, many larger companies have lost their focus on the small, local builders. This company has built it's reputation on relationships and outstanding customer service.  
   
Owner willing to finance: Lender pre-screened with $75,000 down.  
   
Owner willing to train: Will train for 2 weeks @ no cost  
   
Reason for selling: Owner is retiring.  
   
Seller Reference Number: 2006-14378
BusinessMart.com Listing Number: 232553
 

 

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For more info contact:

Russ Bieber

Murphy Business & Financial Services
727-725-7090

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