30+ Year Engineering & Land Use Planning Firm

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Description

Summary Description
With a management team in place, this well-established professional civil engineering, land use planning firm offers full-suite services including Land Use Planning and Engineering & Design Services for water distribution and management, site plans and land development, municipal engineering, and servicing & feasibility services.  The company has deep relationships across the industry, which has helped them to establish brand awareness with clients in the Halton Region, Guelph, K-W, Hamilton, West-GTA, and Goldon Horseshoe areas for 30+ years.  This is a fabulous opportunity for someone to enter an established turn-key business with a strong management team running day-to-day activities.

General Information
Year Established: 30+ Years
Employees: 17
Facilities: The practice is conveniently located near major traffic arteries. The approximate 9,175 sqft of office is well laid out to handle 15-25 Engineers and Engineer Technicians and Designers, office area for administration, plus on-site parking. Furniture, fixtures, equipment, are included in the price.

Market Outlook
Competition: Quality and loyal client base… competes with similar civil engineering firms from across Ontario.  Plus they do primary land planning and development engineering which sets them apart from many competing civil engineering firms

Growth and Expansion: Revenues have been steady and consistent over the years with limited advertising and little in the way aggressively bidding on work outside of the general geographic area.  The firm has not aggressively pursued new work; they have serviced their existing relationships and obtained new work through referrals.  The client base is ideal for someone wishing to start an engineering firm or an existing engineering firm looking to add or build a presence in this part of Ontario.

Property Id : 19352
Business Asking Price: $1,200,000
Including: Furniture, Fixtures & Equipment: $150,000 Inventory: N/A
Gross: $2,750,000
Seller’s Cash Flow: $555,000
Support/Training: Owner will provide a smooth transition
Financing: Seller will finance for qualified Buyers
Reason for Selling: Retirement

William Sivell

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William Sivell