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Businesses For Sale   >>   Middlesex Businesses For Sale   

Rapidly Growing Engineering Design Firm For Sale

Location  Middlesex County, Massachusetts, United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1600000
Net Profit / Cash Flow  $404000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1970
Number of Employees  10 - 19
Inventory  55000
Relocatable  Yes
Number of Employees  10 - 19
Real Estate  Leased
Training  Owner will stay on to transition clients.
Reason for Sale  Retirement.

Description  
This is a very well-established engineering firm, specializing in mechanical, electrical, and plumbing design. They have a very large and repeatable client base with a concentration in hospitals, medical offices, assisted living facilities, universities, laboratories, Retail and Residential and others large corporations. They are experiencing a phenomenal year and have managed growth with the additional of new staff and judicious use of independent contractors. Current backlog of work is over $600,000+ with many new contracts signed just in the last several months. New projects are arriving weekly and the second half of the year should be close to double the first half. The staff is loyal and long standing, with excellent computer and technical skills. A generous, but economical benefits package help maintain employee loyalty. This is a great firm to add to an existing engineering organization or to establish a practice under new management! Contact for more information on this rapidly growing engineering design firm.


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