Engineering businesses for sale in London

View the "Structural Engineering Consultancy" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Thanks to your email alerts I found & have recently completed on the purchase of a Hotel in Scotland 

Ian McGregor (Nov 2013)
View More
Leasehold Price: Offers Invited Annual Turnover: £370,000 Annual Net Profit: £161,000
Request Details
Business Description
Business overview

– An outstanding opportunity to acquire a successful structural engineering consultancy based in South East London.

– Established in 1985, this is a profitable business, run by two partners and a small support team.

– With a ready made client list including housing associations and local authorities as well as private individuals and companies, this business represents an excellent opportunity for an architectural or other engineering consultancy to acquire new business with little additional overhead or advertising.

– Equally the business would be of interest to individual qualified engineers looking to start their own practice with a ready made client base and business infrastructure.

– > 90% of the business is recurrent work from the existing client base, which leaves room for the new buyer to expand the business through re-invigorated marketing.

– The consultancy is ISO 9001:2008 quality assured and Construction Line accredited. It is also an approved supplier with Tower Hamlets, Greenwich and Southwark councils.

Products and Services

– Structural and civil engineering services for all stages of project development, including design, drafting, analysis and reports.

– The business provides a one-stop service for planning, engineering, contract administration and quantity surveying.

Employees:

2 partners, 1 senior engineer (p/t), 1 technician/surveyor (f/t), 1 Technician (p/t), and 1 PA (f/t)

Premises:

Serviced offices, 26m2.
Rent: £25.9k / year incl. services & rates

Reason for sale:

Both partners wish to retire.
A full hand-over and training is offered subject to agreed terms.

Financial overview

Year ending 30th April 2016-17 (Estimate):

Sales revenue: £370,000
Adjusted EBITDA before directors' takings: £161,700 (44%)

A strategic buyer from a related business sector with a business infrastructure already in place could benefit a further £43k from savings on office costs, advertising, insurance, subscriptions and accountancy, giving a further adjusted EBITDA of over £200k.

Offers invited for business assets and goodwill
Tenure: Leasehold

Is this business relocatable: Yes

Downloadable Documents

Listed by: Hornblower Business Brokers Ltd
Find out more about this business for sale opportunity by submitting the form below.
Contact Details Fields marked with an * are required by the seller
* * *
* * *
* *
* *

What happens next?
  • 1We send your email to the business seller
  • 2They will be in contact with you as soon as possible
Would you like ASC to contact you about finance options?
This is a no-obligation service. You will ONLY be contacted by your local
ASC Finance director. Your details will not be passed on to any third party.

 
H08305
Seller Reference:
Bookmark and Share
You May Also Like...
loading...