Business For Sale BS147787, Newcastle, New South Wales 2300
Business Category Building and Construction Civil-Construction
Highly Profitable And Trusted Structural Engineering Consultancy – Nsw
Business ID: BS147787
Revenue in excess of $1.6M with return to owner over $718K for FY21. Extensive ongoing involvement from current owner if required.
This highly respected and trusted structural engineering consultancy operates in a niche market and is a highly capable and specialised organization that provides engineering services and technical support to local and state government departments.
The business is on the TfNSW Technical Services Register and the NSW Government SCM0005 Performance and Management Services Scheme, along with a number of Council panels.
With extensive experience in all stages of the design and delivery of infrastructure projects and a focus on diﬃcult, complex, and existing assets this consultancy has a team of dedicated industry professionals which includes a number of subject matter experts (SME) in their field.
With the industry starting to overheat and a greatly increased number of projects scheduled to commence in the coming years, there will be huge pressure on the already limited talent pool of structural engineers. The acquisition of this highly skilled consultancy should be a high priority for those looking forward and planning for the future in the structural engineering space.
-Over $1.6M revenue for FY21
-Returned over $718K to owner
-Over 12 current contracts in place with local and state government departments
-Approximately $2M of work currently in hand for the next 12 to 18 months
-Highly skilled team of professionals
-Extensive network of contacts
-Ongoing involvement from current owner if required
Due to the highly technical work performed by this consultancy and the level of work that would be in progress at the time of handover, the owner is open to negotiations to stay on with the purchasing company for a period of up to 2 years to ensure a smooth and seamless transition. The owner comes with a wealth of knowledge and is highly sought-after in their field. The purchasing company would not only gain the very healthy profits of the business but would also benefit from the skills, reputation, technical knowledge and most importantly the network of contacts the current owner brings to the sale.
This business would make the perfect addition for any business operating in the structural engineering space looking to add a highly specialised team with extensive experience and an enviable list of contacts to their current pool of talent.
The business is for sale for offers over $1.85M
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This business is somewhat unique and has no similar competition in this region, category or price bracket.