Civil Engineering Firm - Chicago metro area

Cook County, IL
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Asking Price:$559,600
Gross Revenue:$1,024,000
Established Year:1952
Cash Flow:$242,461
Rent:$4,650/Month
BUSINESS DESCRIPTION

This opportunity is a civil engineering which services residential, commercial, industrial, institutional, transportation and municipal projects. They also provide land services such as land surveying, planning and environmental services. The clientele is nearly 100% B2B. The business has been around for over 70 years which means business is steady due to repeat clients and referrals. The business has consistently generated revenue of around one million dollars per year. Please note this business requires state licensing. The owner is nearing retirement but will be available to help transition the business. The business has been prequalified by an SBA lender with as little as 10% down. A signed non-disclosure is required as well as proof of financial capability.


DETAILED INFORMATION
Location
Cook County, IL
Inventory
Not Included in asking price
Real Estate
Leased
Employees
7
Facilities
Includes office furniture, up-to-date equipment and vehicles.
Competition
Due to the longevity, the business does no marketing. There is no customer concentration.
Growth & Expansion
An exceptional opportunity for a similar firm wishing to expand their footprint in the Chicago area or a qualified individual looking to branch out on their own.
Financing
Prequalified by an SBA lender.
Support & Training
Current owner can commit to be involved with the business.
Reason for Selling
Retirement
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Dan
Eitel
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Dan Eitel