Structural Engineering Firm with Strong Healthcare Niche for sale in Memphis, TN

Business Summary:
This opportunity represents the acquisition of a long-standing structural engineering firm with more than four decades of successful operations and an excellent reputation throughout Tennessee and the Mid-South region. The company delivers comprehensive engineering services, including concept development, detailed structural design, construction documentation, value engineering, and specialized seismic evaluation and remediation. Its diverse project portfolio spans healthcare, airports, institutional, and multifamily developments. The business has cultivated a highly loyal, repeat client base, of which over 90% of revenue comes from. The company has developed a particularly strong niche within the healthcare sector, contributing to large-scale, complex projects and positioning itself as a trusted partner in a specialized and high-barrier-to-entry market. Operations are supported by a lean, highly experienced team of 3 senior engineering professionals and an administrator. The current owner is involved in project oversight, client relationships, and business management, and is seeking to transition out of the business as part of a planned retirement. In order to transition the new owner into their role, the seller has offered to stay with the business for 1 year in addition to carrying 15% of the purchase price!