Business Overview
• Established Legacy: Consulting engineering business established for over 10 years
• Primary Operation: Business primarily provides Mechanical & Electrical Engineering Consulting services
• License: Owner is a professional engineer and has a Certificate of Authorization from Professional Engineers Ontario
Financial Snapshot
• Robust Revenue: Revenue for 2024 is $1.06 million and as per seller is projected to be $1.4 million this year
• Strong Earnings: The Seller’s Discretionary Earnings (SDE) for 2024 is approximately $443,000 and as per seller is projected to be over $880,000 in 2025
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
