Acoustics, Noise, & Vibration Engineering Consultants (71476)
E-CommerceFor Sale in MI
Financial & Assets Details
About the Business
Business Description
Located in Michigan, the company is a private practice professional engineering consulting company that specializes in providing board-certified, independent acoustic, noise, and vibration testing. The primary services focus on precision sound and vibration measurements/testing, and software-based acoustics modeling and analysis. The 8,000-square foot facility is valued around $600,000 and owned with an option to lease or purchase additionally. The facility includes office space, four qualified acoustic testing chambers, a conference room, and a storage area. Offering these services include licensed and INCE Board Certified noise control engineers, technicians, a fully ISO 17025 accredited and internationally-known acoustical testing laboratory, measuring tools and equipment, as well as administrative personnel. The company has a proven track record, supported by 35 years of ongoing business. With its broad range of services, the marketing efforts focus on targeting automotive, architectural, community, residential, industrial and product noise control clients worldwide, 80% of which is within 50 miles. Revenues have grown over the past five years due to an improving demand for services and internal efficiencies. In 2020, the total revenue was $872,018 with Seller’s Discretionary Earnings of $323,912 rounded.
Seller Financing
Financing can be negotiable for the appropriate buyer.
Support & Training
The owner is available for a standard transitioning period up to one year.
Reason for Selling:
Approaching retirement and/or pursuing other interests.