Business Overview

This is not your grandfather’s civil engineering firm. This modern, home-based Civil Engineering business is not only profitable, but it’s adventurous, engaging, tolerant, inclusive, and best described in one word: progressive. The owner has established a culturally collaborative business environment that brings a highly skilled, managerial, and technical team to every project. With collective decades of experience, this firm offers an outstanding and valued team, providing innovative design and high-quality civil engineering services. The company has earned a reputation for excellence and integrity, outstanding communication skills, and working collaboratively with owners, developers, and design teams. Core values of client care, collaboration and communication have made for a vibrant small company that handles larger projects ranging from $1 to $200 million, as well as smaller projects of any size.
The business is operated from the seller’s home located in the beautiful Willamette Valley of Oregon. All employees work remotely, as this civil engineering firm hires for talent, not logistics.

Financial

  • Asking Price: $675,000
  • Cash Flow: $221,938
  • Gross Revenue: $373,619
  • EBITDA: $194,586
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2013

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

The business is operated from the seller's home located in the beautiful, green Willamette Valley of Oregon.

Is Support & Training Included:

The sale includes up to 30 days of training, however, because of the professional nature of the business’ industry, the seller is open to negotiating a longer period of coaching and training, as needed, commensurate with the buyer’s experience.

Purpose For Selling:

The seller is ready to move on to other business ventures.

Pros and Cons:

There’s plenty of competition in this profession but this business works on a whole different level. It has earned a positive reputation through its commitment to providing superior client care. The median annual wage for civil engineers was $88,570 in May 2020. The owner of this firm makes over $220,000 and works from the comfort of their own home. Competition is not an issue.

Opportunities and Growth:

The seller has many ideas about growing and expanding the business, streamlining project processes and procedures, attending relevant community events, networking, and improvements to the company's social media presence.

Additional Info

The business was established in 2013, making the business 9 years old.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people decide to sell companies. However, the genuine reason vs the one they tell you might be 2 absolutely different things. As an example, they may state "I have a lot of various responsibilities" or "I am retiring". For lots of sellers, these reasons stand. But also, for some, these might simply be reasons to try to conceal the reality of changing demographics, increased competitors, current decrease in incomes, or an array of other factors. This is why it is really important that you not count totally on a seller's word, but instead, utilize the vendor's solution in conjunction with your general due diligence. This will repaint an extra reasonable picture of the business's current circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your offer. Numerous companies take out loans so as to cover items like stock, payroll, accounts payable, so on and so forth. Remember that in some cases this can suggest that revenue margins are too tight. Lots of companies come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to think about. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that must be fulfilled or may lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the location attract new customers? Most times, operating businesses have repeat consumers, which develop the core of their daily profits. Particular aspects such as new competitors sprouting up around the area, roadway building and construction, and staff turnover can impact repeat customers and also adversely impact future incomes. One crucial thing to think about is the location of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Clearly, the more individuals that see the business on a regular basis, the greater the chance to develop a returning consumer base. A final idea is the basic area demographics. Is the business placed in a largely inhabited city, or is it located on the edge of town? Just how might the regional typical home earnings effect future income potential?