Business ID: BS------
Structured Business with 14 staff. Profits to owner over $900k+ Sale Price $3M
Consulting firm that provides civil and structural engineering services. Consistent work with councils, developers and private clients including resorts and mining companies to provide knowledge and expertise on an array of projects. This includes project feasibility of sporting precincts, developments and infrastructure.
The Business is currently working on between 70 and 80 projects. These projects vary in scope, ranging from doing the entire project delivery from feasibility to handover as well as stepping in at certain hold points in the projects.
The business has grown organically and also from acquisitions and is now at a crossing road where it has identified potential to exponentially expand.
-10 x Designers
-3 x Registered Professional Engineers
-1 x Engineering Cadet
-24 months of work booked in advance
-90% conversion rates on quotes from existing clients
-66% conversion rates on quotes from new clients
-Great turnover of over $2.9M in the forecast in FY 22
-Great Profit of $1M forecast in FY 22
-Software implemented for smoother Operations Management
-Only 3 other competitors in the area
-Considerable growth in the entire region
-Untapped markets easily identified
-Could easily triple in size
Owners prepared to stay six months for a smooth transition and could stay in a business development position to ensure staff and client retention. This handover and continuity of business operations and client’s management will ensure the business can grow without any transitional negative effects. The business has all processes and technology in place to absorb three times more business and is only restricted by staff.
This business will be ideal for a medium-size consultancy firm wanting to set foot in the fastest-growing region in Southeast Queensland and/or to get ahold of very sought after designers and engineers. The company has close to 400 active clients offering repetitive work, and is well structured. Currently servicing an area covering from Mackay to Gold Coast, and up to some inland mining sites, its reputation goes a long way.
Asking price $3M