About the Business

Business ID: XB158734

TURNOVER $400K – ESTABLISHED 30+ YEARS – VIRTUAL OFFICE

This successful and tightly held Engineering and Building Consultancy would be a valuable adjunct to an existing engineering practice seeking entry to an additional market.

- Services are mainly geared to the needs of the remedial building industry – providing engineering and building expertise to strata bodies and strata managers, builders and the legal profession

- Services include Investigation of structural defects (such as cracking, concrete cancer, retaining walls, floors and roofs), and Investigation of civil and hydraulic defects (such as waterproofing, drainage, dampness, pavements and parking areas) Preparation of technical reports, documentation required for the DBP Act, and specifications for repairs, tendering and project management of repairs

- Suitable for operation by one engineer, with minimal support (admin and accounting only)

- Suitable to be run from a home office or virtual office

- Excluding the engineer’s own salary, a profit margin of approx. 90% is easily achievable

- Clients are mostly Strata Management companies (approx. 90%), Referrals from building companies (approx. 5%), and Referrals from other specialist consultants (approx. 5%)

- Main source of business is from referrals and long-term clients – plus a long-established website, Google searches, and Yellow Pages

- Owners retiring

There are a high number of enquiries made that are not remedial work which could lead to increased turnover if the new owner if desired.

PRICE: $350,000 NEGOTIABLE