N.C. MEP Firm With Several Engineers On Staff
Charlotte, NC Mecklenburg County
Request More Information Contact the Seller
- RE: N.C. MEP Firm With Several Engineers On Staff
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $2,250,000 | |
| Annual Revenue: | $2,280,533 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $617,654 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2005 | |
| Employees: | 8 | |
| BBN Listing #: | 1019637 | |
| Broker Reference #: | AEI053-B |
Business Overview:
This engineering firm provides mechanical, electrical, and plumbing (MEP) design services and fire protection design. For 20+ years, they have been based in Charlotte NC, primarily serving a repeat client base of about 215 projects annually throughout the Southeastern United States. The business maintains a diverse and stable client base of architects and commercial business owners, with no single client accounting for more than 10%. The business operates from an office that supports a team of eight employees, including licensed engineers in electrical, mechanical, and plumbing, plus there is an office manager who oversees bookkeeping and billing functions in-house. The owner remains involved in the operations where he provides proposals and some technical engineering design work. In preparation for a business transaction, the owner has started mentoring 2 senior engineers to absorb the owners’ roles. The seller is planning for retirement but has offered to stay with the business for 1 to 2 years to guide the new owner. Additionally, the seller has offered to carry 10% of the purchase price as a show of good faith in the continued success of the business post close. Priced at $2,250,000 this opportunity is well-suited for either an owner-operator seeking to enter or expand within the industry, or for a strategic buyer looking to grow their geographic presence and service capabilities. The firm has the capacity to grow an additional 15–20% in workload with the current team able to absorb without hiring. There are no special designations being used to secure work.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Market Competition and Expansion:
Growth Opportunities: Implement a business development plan to bring on new clients
Reason for Selling:
Age / Retirement. 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:
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
