August 8, 2018

SOLD: Electrical Engineering Design Firm for Sale: $1,450,000

Company ID: CGLA – 00129

Sales Price:      $1,450,000

Gross Sales:     $   965,000

Net Profit:       $   438,000

The company is well established and very successful.It has been in business for several decades and it is one of the most prestigious companies of its kind in the area. It has a large well established, loyal  customer base.  The owner is selling it because he is ready to retire.

Only 5% of this company’s business is derived trough a bid process, the remaining 95% are jobs they are directly contracted to them.

The current owner is willing to stay with the company for a while, train the new owner and help with the transition, if the new owner would like that.

For additional information please contact the agent.