Established Civil Engineering/Surveying Firm in San Diego County

San Diego County, CA

Seller Financing Available

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Asking Price:$790,000
Gross Revenue:$1,856,704
FF&E:$150,000
Cash Flow:$194,711
Rent:$3,308/Month
Established Year:1978
BUSINESS DESCRIPTION

This long-established firm is the premier civil engineering, surveying and land development consulting firm in the area. They have successfully completed a variety of projects ranging from large single-family subdivisions and master-planned communities to apartments and commercial/industrial parks. The business is very busy with little marketing. The equipment, technology and software are updated and current. 2023 SDE was $194,700k. This is an excellent opportunity for another established local firm to grow strategically or an out-of-area firm to establish a foothold in SoCal. Their offices were designed for this business. They have plenty of room for growth in their current location or could relocate with six month's notice to terminate the lease.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,150
Lease Expiration
01/06/2029
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: Lease can be terminated with 6 months notice Facilities: Modern office building designed for the firm, with secure parking for their vehicles inside the building, in a convenient location to freeways. FF&E Overview: Furnishings, office equipment, computers, oversize printers, vehicles, survey equipment FF&E General Condition: Good
Competition
There are numerous similar firms in this highly-populated area, but there is also more than enough work for all of them.
Growth & Expansion
Expand marketing, hire more engineers
Financing
Interest:8% Term Months:48 Monthly Payment:$1,928.62
Support & Training
# of Weeks Seller Will Offer Training: 4
Reason for Selling
Semi-retirement
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Dana
Smith
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Dana Smith