License: Owner is a professional engineer and has a Certificate of Authorization from Professional Engineers Ontario
Financial Snapshot
Robust Revenue: Revenue for 2023 is $1.53 million and as per seller is projected to be $1.65 million this year
Strong Earnings: The Seller’s Discretionary Earnings (SDE) for 2023 is approximately $1.05 million
Human Resources
Skilled Employees: The business operates with a nonunion team of six employees (excluding owner) of which 5 are professional engineers
Seller Role: Seller is currently responsible to Oversee operations, manage client relationships and staff
Competitive Strengths
Established Reputation: The business is on the prequalified vendor list for many clients including School Boards, Universities and City councils
Outstanding Industry Relations: The business has established relationships with Architects and other businesses and benefits from repeat clientele
Transition & Future
Reason: The seller is planning to transition towards retirement in a few years
Partial Sale Offer: Seller is considering a partial sale with the understanding that the buyer will commit to acquire 100% of the business in the next few years
Buyer profile: Ideal buyer would need to be a licensed professional engineer with Mechanical or Electrical background
