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Consulting Engineering Company, well established, Sydney CBD based Business Services , Corporate Sales above $1m, Building And Construction , Business Services Sydney, NSW , Australia 1073 Views
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Asking Price $2,200,000 for 2200000%
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This Listing is open for both accredited & non-accredited Buyers & Investors.

SALE OR INVESTMENT DETAILS
  • Stock at Cost $390,000
  • Gross Sales per annum $2,500,000
  • Assets Included in Sale $0
  • Profit (Normalised EBITDA) $800,000
  • Finance Available (subject to approval) Yes

Selling Agents

Highlights

  • Consulting Engineering Company, well established, Sydney CBD based
  • Solid book of work in progress and upcoming projects
  • Excellent client retention and repeat work
  • Certified to ISO 9001:2015 standards, which sets a high benchmark

Executive Summary

An opportunity exists to acquire a consulting engineering company based in the Sydney, CBD. This is a highly-regarded enterprise with exacting standards and a high degree of repeat client loyalty.


Location Details

The consulting engineering company is based in the Sydney CBD.


Potential

The business has significant booked and ongoing work and its reputation and track record with clients is such that it is likely to continue to be asked to tender on upcoming projects, especially given the high average number of times clients work with the business.

There are excellent opportunities to increase the expertise and team size in all areas of the business to grow the capacity.


Skills

The company is certified to ISO 9001:2015 standards, which sets a high benchmark and ensures excellent processes and procedures throughout every aspect of operations; providing a quality guarantee to clients.

The target business has expertise in four key consulting areas - Electrical, Fire, Hydraulic and Mechanical Engineering, which provides the business with a breadth of expertise when consulting and tendering for work on large building projects.


Lease

Lease expiry 31st May 2019, with base rent currently $15,000/month plus GST + outgoings.


Employees

The business has a 15 strong workforce with many staff members considered long-term employees. The staff are also encouraged to register with relevant professional organisations and maintain continuing professional development requirements.


Reason for Sale

The current owner / managing director is ready to divest his business investment but continue his stewardship of the business on a consultancy basis or under a contract of employment, if a purchaser wishes to retain the current hierarchy.


About the Business

The company provides building services solutions across four key areas - Electrical Services, Fire Services, Hydraulic Services, and Mechanical Services which provides the business with a breadth of expertise when consulting and tendering for work on large building projects.

The target company specialises in meeting tenders with fixed price contracts in the key market sectors like, Aged Care, Commercial, Health, Hospitality, Industrial, Municipal, Residential and Retail.  Delivering; (Feasibility Reports, Due Diligence Reports, Development Applications, Design & Construct Documentation, Fully Designed Documentation, Peer Review and Construction Supervision)

The business has a core team of expertise in the four key service areas; Electrical Services, Fire Services, Hydraulic Services and Mechanical Services. A highly efficient, professional and collaborative culture has been fostered in the business with long-term staff whose professional development has been encouraged.

This business has excellent client retention and repeat work. A solid book of work in progress and upcoming projects with high professional standards resulting in significant ongoing work and repeat business.

The target company has a broad base of customers, with over half of clients having engaged the business for two or more projects. In addition, 20% of the client base have used the business for 4 or more projects.

The business has a detailed Quality Management system established in line with ISO 9001:2015 - the International Standard for Quality Management.


Below are a few key points:

- A well-established Sydney based consulting engineering company that provides building services solutions across four key areas - Electrical Services, Fire Services, Hydraulic Services, and Mechanical Services

- Solid book of work in progress and upcoming projects

- Excellent client retention and repeat work.

- 15 professional personnel

- Certified to ISO 9001:2015 standards, which sets a high benchmark


For more information on this exciting opportunity, please contact the undersigned:


Richard Ames

Business Sales Specialist | Business Sales Sydney

Ray White Business Sales, Corporate Business Sales & Acquisitions

M: 0421 590 501 T: 1800 858 696 E: richard.ames@raywhite.com


Or


Mark Levitt

Business Sales Specialist | Business Sales Sydney

Ray White Business Sales, Corporate Business Sales & Acquisitions

M: 0431 004 488 T: 1800 858 696 E: mark.levitt@raywhite.com



Disclaimer:

Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, director's benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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