MEP Engineering Firm with Over 11M in Backlog

NEW YORK, New York

Asking Price	$5,250,000	Year Established	2007
Annual Revenue	$4,850,002	Reason for Selling	Retirement / Age
Annual P/L	$0	Attention
Annual Cash Flow	$1,044,867	Listing Number	1016159
# of Employees	48	Business Category	Services: Engineering, Architectural Services

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.

Property Features and Assets:

Market Competition and Expansion:

<p>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.<br></p>

Additional Details: