MEP Engineering Firm With Over 11M In Backlog
New York, NY New York County
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- RE: MEP Engineering Firm With Over 11M In Backlog
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $5,250,000 | |
| Annual Revenue: | $4,850,002 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,044,867 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2007 | |
| Employees: | 48 | |
| BBN Listing #: | 1016159 | |
| Broker Reference #: | AEI052-B |
Business Overview:
This MEP engineering firm has over 11 Million dollars in backlog. For nearly 20 years this New York City firm has established a strong reputation for delivering high-quality work on compliance-driven public sector projects, having supported hundreds of contracts and managed more than $80 million in projects. Providing MEP and inspection services for infrastructure projects with approximately 95% of revenue derived from government-related projects. Operations are supported by approximately 48 personnel including 3 Licensed PE’s, 2 Senior VP’s, and over 10 engineers. The owner maintains a strategic role focused on financial oversight, and proposal review. The dedicated team leads day-to-day operations. The seller has offered to stay with the business for 1 year post close and is only selling due to age and retirement planning. In addition, the seller has offered to carry 20% of the purchase price to show a highly vested interest in the continued success of the business going forward! The Company is a certified Service-Disabled Veteran-Owned Small Business (SDVOSB), as well as an MBE and DBE. With a purchase price of $5,250,000, a minimal reliance on marketing and a strong reputation in the New York market, the Company is well-positioned for continued growth through expanded service offerings, increased private sector penetration, and enhanced business development efforts.
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Market Competition and Expansion:
Growth Opportunities: Expand the higher-margin inspection services division, and scale business development efforts. Buyer needs to be either a Veteran or have the ability to be an MBE or WBE.
Reason for Selling:
Retirement / Age. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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