Profitable Engineering Services Business T/O $790K with income to owner $488K in 2024 FY
Business ID: XB156621
Founded over 10 years ago, this business specializes in providing high-quality structural engineering consulting services. The company has established a niche in post-tension slab design, remedial design, and carbon fiber design, serving a diverse clientele including builders, architects, and developers. Operating from a home office, the business leverages a strong referral network and a steady pipeline of remedial work.
Key Highlights:
- Specialized Clientele: Primarily serves builders, architects, and developers, with the largest five clients contributing 80%-89% of total turnover.
- Resilient and Growing: Demonstrated strong financial performance with total sales over $780K and a gross margin of 82% in 2024.
- Strategic Client Relationships: Maintains long-term relationships with high-value clients, ensuring stable and recurring business.
- Market Presence: Known for expertise in high-demand structural engineering areas, providing a significant market advantage.
- Growth Opportunity: Significant untapped potential for expanding marketing efforts, broadening the client base, and exploring additional service offerings.
Owner Transition: The current owner is ready to pass on this successful business to a motivated successor, ensuring a smooth transition.
This sale offers a unique opportunity to acquire a leading business in the structural engineering consulting sector, ideal for those looking to enter or expand in this specialized and profitable field. The current owner will provide comprehensive training and consultancy support to facilitate a seamless handover and continued business success.
The prospective buyer does not need specific qualifications to own this business (pending confirmation from the Fair Trading Office). However, the new owner must employ or already have on staff qualified Structural Engineers, such as CPENG (Chartered Professional Engineers) or NER Structural (National Engineering Register), to manage the technical and certification aspects of the business.
Asking Price: $600,000, reflecting the value of a well-established profitable business with both tangible and non-tangible assets.
Property Code: 4009
