Fast growing and profitable survey/engineering firm for sale

Ontario
listing image
Asking Price:$1,500,000
Gross Revenue:$1,000,000
FF&E:$400,000
Cash Flow:$275,000
Rent:$3,000/Month
Established Year:2020
BUSINESS DESCRIPTION

This reputable company provides survey, material testing, project management and QA/QC inspection services to large-scale industrial projects across northern Ontario. The firm is well-diversified with a fast-growing client list who are consistently repeat clients. The firm has secured some desirable long-term contracts with large industrial clients that will ensure the business can continue to grow. A solid safety program and SOP’s allow this business to operate with little to no management from the owner, a general manager is in place who has and currently does run the day-to-day operations.
This firm would be a great strategic addition to a larger firm focused on the same discipline, who would like to add some fantastic staff, acquire key clients and grow into an area that is seeing massive growth in industrial projects with no competition.



DETAILED INFORMATION
Location
Ontario
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,500
Lease Expiration
01/01/2027
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Assets included: • FFE - $400,000 • Vehicles - $75,000 • Working Capital - $350,000
Competition
No local competition, market is large and growing.
Growth & Expansion
3 additional large scale industrial clients, increase revenue share at current client sites. Could increase revenue 5x or more in short time.
Support & Training
4 weeks at no cost, owner willing to stay on in limited capacity as advisor for additional cost.
Reason for Selling
Focusing on owners other business venture
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Business Listed By:
Not Disclosed
Listed By: Not Disclosed