This MEP engineering firm has over $11 million 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 PEs, 2 Senior VPs, 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.