Established Engineering Firm Catering to Industrial Clients in Philadelphia

This structural engineering company specializes in various services such as design, analysis, investigation, and forensic evaluation, primarily targeting manufacturing clients for prefabricated equipment, rooftop systems, and modular enclosures. With a robust client retention rate, around 90% of its revenue comes from repeat business. Founded in 2016 and based in the Greater Philadelphia area, it serves a wide range of clients across Pennsylvania, New Jersey, Delaware, and the MidAtlantic region. The firm also collaborates with architects, property owners, contractors, and institutions like hospitals and universities. The business includes $115,000 in working capital, over $470,000 in backlog and work in progress, and is supported by an experienced Licensed Engineer and an Office Administrator. The current owner is willing to assist in the transition for 1 to 3 years. Priced at $1,225,000, this opportunity has potential for growth by expanding its manufacturing clientele, enhancing relationships with mechanical contractors, and exploring new geographic markets. Additional growth can be achieved by developing niche services in forensic engineering, restoration, and specialty projects.