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Stellar 20-year Engineering Firm For Sale

Los Angeles, California - South, US
Asking Price:
$650,000 Furniture / Fixtures included
Sales Revenue:
$904,456
Cash Flow:
$323,307

Established for two decades, this Civil/Structural and Mechanical Engineering firm has an unmatched reputation for quality and reliability. With 90% of annual revenue stemming from loyal, long-term Industrial and Commercial clients, this business has a solid foundation in place. It has diverse revenue streams: one-third from site inspections/certifications, two-thirds from project work. Seller is retiring and will support the buyer during a negotiated transition period.

This is an excellent opportunity for a strategic buyer looking to enter or expand in the engineering services sector!

Property Information

Real Estate:

Lease

Lease Terms:

Lease ends: 5/31/2025

Leasehold Rent:

$2,813 per annum

Size in square feet:
1,875

Business Operation

Reasons for selling:

Retirement

Employees:
6
Years established:
2003

Other Information

Support & training:

3-6 months

Furniture / Fixtures value:
$10,000 - included in the asking price