NEW YORK, New York
| Asking Price |
$5,280,000 |
Year Established |
2007 |
|
| Annual Revenue |
$4,850,002 |
Reason for Selling |
Retirement/Age |
|
| Annual P/L |
$0 |
Attention |
Cortney Sells |
|
| Annual Cash Flow |
$1,044,867 |
Listing Number |
1012830 |
|
| # of Employees |
40 |
Business Category |
Services: Engineering, Architectural Services |
|
Business Overview:
This opportunity presents a New York-based, multidisciplinary engineering firm providing Mechanical, Electrical, and Plumbing (MEP) design, and inspection services for infrastructure projects with approximately 95% of revenue derived from government-related projects. Founded in 2007, the Company has established a strong reputation for delivering high-quality work on compliance-driven public sector projects, having supported over 100 contracts and managed more than $80 million in engineering engagements. Operations are supported by approximately 40 personnel across design, field operations, and administrative functions. The owner maintains a strategic role focused on financial oversight, proposal review, and contract approval with established team leads overseeing 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 30% of the purchase price to show a highly vested interest in the continued success of the business going forward! The Company operates within a highly specialized niche as a certified Service-Disabled Veteran-Owned Small Business (SDVOSB), as well as MBE and DBE certified, positioning it as a preferred partner for large engineering firms and contractors seeking to meet government participation requirements. With a purchase price of $5,280,000, 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.
Property Features and Assets:
<p>Location/Lease: Headquartered in New York, NY, with additional operations in Rockland County, NY and a satellite office in Virginia<br></p>
Market Competition and Expansion:
<p>Growth Opportunities: Opportunities exist to expand higher-margin inspection services, increase private sector penetration, and scale business development efforts<br></p>
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