MEP Engineering Firm with Over 11 Million in Backlog
Business Description
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.
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.
About the Business
- Years in Operation
- 19
- Employees
- 48 Full-time
3 Licensed PE’s, 2 Senior VP’s, and over 10 engineers - Market Outlook / Competition
- Buyer needs to be either a Veteran or have the ability
to be an MBE or WBE. - Opportunities for Growth
- Expand the higher-margin
inspection services division, and scale business
development efforts
About the Sale
- Seller Motivation
- Retirement / Age
- Transition Support
- 1 year
- Financing Options
- 10% Seller Financing $525,000 10% Performance Earnout $525,000
Listing Info
- ID
- 2546800
- Listing Views
- 18
Attached DocumentsAttachment Disclaimer
Listing ID: 2546800 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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