Sell Your Electrical Engineering Company
Business Brokers to Sell My Profitable Electrical Engineering Company
You have worked hard for years to build a company that stands independently, and now it's time to cash out. The problem is, where do you start? Synergy Business Brokers has the tools to find a buyer and get the proper compensation you deserve. Having been around for two decades, we have the experience to advise you for whatever comes our way during the process.
We start by giving you a free, confidential consultation on the value of your business. This valuation is based on the net profit of the engineering company as well as the intangibles. These can be things like your staff's involvement, equipment and technology, and the property you run the company out of. We don't get paid until your business is sold, so we must choose the clients our buyers want. Synergy's minimum net profit is $250,000, so if you qualify, speak with one of our brokers today. Our brokers need to take a look at the last three years’ tax returns to get a solid idea of the trajectory of your electrical engineering company.
We can market your business to prospects without giving away any information that could dox you. Having your employees or competitors find out that you are selling the company could jeopardize the sale and value of the business. We don't give out any of our client’s information unless a prospect has been appropriately vetted and has signed an NDA. We have a database of over 35,000 potential buyers and cast a wide net over search engines to give your business the best chance at a sale. The more prospects you have, the better, so we try to provide you with as many opportunities to meet with buyers as possible. If you have multiple offers on the table, we are able to negotiate from a vantage point.
What Kind of Electrical Engineering Business Can I Sell?
Over the years, the field of electrical engineering has been divided into smaller and more niche sectors. Thankfully, Synergy can help you no matter your area of expertise. Synergy helps sell you sell:
- Radiofrequency engineering company
- optical engineering business
- photonics/photovoltaics company
- electrical contractors
- telecommunications firm
- signal processing company
- electronic engineering company
- instrumentation company
- or any other electrical engineering company
One way to look at whether or not now would be the right time to sell your electrical engineering company would be to look at the industry’s market. The job market for electrical engineers is expected to grow by 8.6% between 2016 and 2026. This is accompanied by the fact that there is a significant shortage of qualified individuals to fill the demand. You could take advantage of the supply shortage if you own a successful electrical engineering company. Buyers are looking for companies like yours in industries with room to grow and a large customer base. Strike while the iron is hot, and contact one of our brokers today.
As you know, markets are constantly changing, so you have to bear in mind the timing of your sale. Our brokers tell you that listing your electrical engineering company on an up year (or at least a flat year) is crucial. Buyers want to see that they aren't buying a sinking ship. If your business shows stable revenue or growth with minimal overhead increase, now is the time to sell your electrical engineering firm.
Contact Synergy Today for Your Engineering Company
Synergy can help you sell your successful electrical engineering business without a fee until your company is sold.
If you are considering selling your business, please fill out our Seller Registration or call us at (888) 750-5950. You can also email us at info@synergybb.com. We look forward to hearing from you.