Listing Number: 0101-562869
Description
Available for acquisition is this well-known industry respected 45-year-old engineering firm with 100% focus on restoration consulting for condominium buildings. SBA lender prequalified, buy this business with just 10% down payment if qualified. The owner is the engineer with 2 full time inspectors + office staff, and holds a FL Professional Engineer license and Special Inspector license (will possibly qualify the latter for Buyer if needed). General service area is Central FL Keys through Palm Beach County. No advertising or marketing is done, the firm relies 100% on word of mouth and repeat business in equal parts from property managers and contractors. If needed, Seller’s principle will stay with Buyer for a 1-to-2-year transition at agreeable terms. Consistent year over year Tax Return records, excellent SBA and Investor Visa opportunity. Seller owns the firm’s 1,065 SF professionally built out office condominium and will negotiate a lease with Buyer or Buyer may relocate to facility of his choice. 2023 financials tracking the same or better than 2022.
Listing Details
- Price: $595,000
- Down Payment: $59,500
- Sellers Discretionary Earnings: $324,755
- Total Sales: $783,115
- Location: Palm Beach County, Florida
- Inventory: $0
- FF&E: $5,000
- Employees: 4
- Year Established: 1977
- Reason for Selling: Retirement
- Category: Engineering
