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Electrical Engineering Firm, Consistent Revenues For Sale

Essex County, New Jersey, US
Asking Price:
$1,250,000 (USD)
Sales Revenue:
$1,010,337 (USD)
Cash Flow:
$396,645 (USD)

Consistent revenues and significant cash flow!

This well-established firm is a premier provider of electrical engineering services, specializing in the custom design, installation, upgrade and maintenance of control and automation systems.

In business for almost 25 years, the experienced staff serves key manufacturing companies across multiple industries. They are known for optimizing efficiencies in machines and minimizing downtime of production through their professional services supporting automation control solutions, Programmable Logic Controller (PLC) programming / troubleshooting, Supervisory Control And Data Acquisition (SCADA) systems and control system retrofits.

Founded in 1996 by its chief engineer and based in New Jersey, the firm was active throughout 2020, deemed as essential to supporting their manufacturing clients. Custom designs of new or upgraded systems are tailored to each customers’ specific need and application. Each system is meticulously fabricated, certified and professionally installed.

Low overhead makes this a great opportunity, as there is no central office: workers have always worked remotely or at client sites. All engineers (3 full-time) have significant hands-on knowledge and expertise that can only be gained by working with a wide variety of control and automation systems that span multiple industries.

Property Information

Premises Details:

Low overhead - the company has always operated out of the owner's home with all workers remote.

Business Operation

Expansion Potential:

The company provides remote operations for it's customers under contract. This is a huge cost advantage which has great potential for current and future projects.

Competition / Market:

There are several competing engineering firms but few that have their expertise. Well established client base.

Reasons for selling:

Owner retiring after 24 years.

Trading hours:

Monday-Friday 8am-5pm

Employees:
4 FT
Years established:
24 Years

Other Information

Support & training:

Will train for 2 weeks @ no cost
The firm provides custom design, installation, upgrade and maintenance of automation solutions including

Programmable Logic Controller (PLC) programming / troubleshooting
Supervisory Control And Data Acquisition (SCADA) systems
Control system retrofits
Air recycling systems
Hot fill bottle fillers
Hot fill spray tank systems

Other products and services include; on-site production line and equipment evaluations; power distribution and substation revenue metering services; facility power quality evaluations; certified infrared "hot spot" inspections, and technical data/machine program file management services.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$1,000,000 down/$250,000 over 36 mos. @ 7%

Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Information

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