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Electrical Engineering Opportunity

Spokane, WA
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Asking Price:$1,325,000
EBITDA:$273,000
Established Year:2000
Gross Revenue:$805,000
FF&E:$75,000
Listing ID: 2195637Listing provided by BizBuySell
BUSINESS DESCRIPTION

Well run and sought after electrical engineering firm in Spokane. This company was established in 2000 and has returned consistent profits by delivering work on time and on budget. Revenues are primarily derived from electrical design, however on occasion the Company will provide project management and contractor reviews. Customers include the region’s largest general contractors.

DETAILED INFORMATION
Location
Spokane, WA
Inventory
Not Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The Company operates out of a 5,500 square foot office with a year to year lease. There is ample room to add staff in the facility if buyer desires.
Competition
The Greater Spokane/Inland Northwest is a hotbed of growth, and the Company is poised to benefit as they are positioned well for work on multi-family homes, commercial properties, industrial electrical systems and public facilities.
Growth & Expansion
A steady stream of work is already committed to in 2024. The Company could increase sales by hiring additional staff and a new owner could bring increased energy to continue the work of the well-respected seller.
Support & Training
Seller is willing to stay on to facilitate a successful transition of the business. The Company will need a P.E. to continue once the owner steps down.
Reason for Selling
Retirement
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Greg
Kelly
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Greg Kelly
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