Tremendous opportunity to purchase a highly profitable Engineer Consulting firm specializing in Construction Management.
The purchaser will inherit multi-million-dollar contracts that are currently in process. This firm’s book of business is comprised of repeat business clients who will require assistance with several hundred million dollars of additional work in the coming years.
Prospective buyers will require construction management experience and/or be a licensed civil engineer in order to meet SBA lending requirements.
Well-established, boutique-sized firm in the greater NY area offered for immediate sale. Ownership’s commitment to timely delivery of outstanding project design exceeding customers’ requirements and expectations has resulted in multiple bid opportunities and “favored son” treatment in awarding bids. Evidenced by resiliency during recessionary and pandemic times, the business has actually grown 50% in year-over-year Seller’s Discretionary Earnings. It is on pace to exceed pre-pandemic net cash flow by nearly 40% (all through word-of-mouth referrals)! Expertise in all phases of mechanical, electrical, and plumbing design allows the firm to provide wide-ranging services such as code compliance, construction/project management, feasibility studies, construction cost budgeting, and value engineering. Scaling the business is easily accomplished through the installation/execution of a formal sales and marketing program and the hiring of additional professional staff. Owners willing to stay on during the transition period, a well-situated office, and a dedicated team complete this outstanding offering.
This company has earned a preeminent reputation for its expertise in managing large-scale, complex environmental projects entailing the testing and inspection of various hazardous substances, including asbestos, lead, and mold.
Based in New Jersey, the business serves clients throughout New Jersey and New York, including federal/state/municipal governmental agencies, commercial real estate owners, architectural and engineering firms, and educational institutions. It has also managed projects for Fortune 100 companies through direct engagements, as well as under contracts with engineering firms.
The company has managed projects requiring the testing and inspection of properties ranging in size up to 30+ million sq. ft., including the largest residential complex in the world. When its findings point to the need for abatement, clients will often enlist the company’s assistance in evaluating potential abatement contractors, conducting contractor walkthroughs, and providing oversight throughout the entire abatement process.
The staff of project managers and environmental scientists has the most advanced certifications in the environmental profession and is adept at managing relationships with personnel at all levels in client organizations. The most compelling evidence of clients’ assessment of the company is the fact that the majority of revenue stems from repeat patronage and referrals.
In both 2022 and 2023, repeat clients accounted for 97% of total revenue.
An engineering firm would be the optimal buyer of this company, as it would “inherit” a stellar brand that would enhance its value to clients through greater cost efficiencies and quality control.
The seller will provide support to facilitate a smooth transition.
This Structural Engineering Business was established in 1990s and has built an excellent reputation for delivering diverse, comprehensive, complex infrastructure projects for architectural designs in New Jersey and New York. The company’s stance promotes an all-encompassing and diverse strategy toward project development, engaging all parties involved. Doing so guarantees tailored and fitting solutions that cater specifically to the clients’ requirements.
The company’s expertise:
The company was launched with 4 people and currently employs 16 full-time people including the 3 principals who possess more than a hundred years of combined national and international experience in structural design and project management.
The company serves architects and developers and offers structural design and building code services for secondary and higher education, correctional facilities, specialized structures, and commercial, institutional, government, and private clients. Its services are grounded in decades of experience collaborating with municipalities, government agencies, schools, multinational companies, and industrial entities nationwide.
The company has demonstrated the capability to work in CAD and Revit and is familiar with common software packages like ETABS, SAFE, RAM, STAAD, Structurepoint PCA, etc.
With a client base consisting of over 80% repeat or partnering clients, the company’s clients have experienced the added value it brings to their capital programs.
Well-established, specialized document management and printing company serving the construction, engineering, and architectural industries. With over 30 years of industry experience, the business offers essential services such as blueprint scanning, printing, and online plan room hosting, catering to a loyal, recurring client base.
The business operates from a scalable platform with 24/7 uptime, ensuring reliability for its clients.
Prominent Civil Engineering – Land Surveying Company headquartered in Fairfield County has over 40 years of Land Records for Fairfield, Litchfield, and Surrounding Counties. This firm offers Civil Engineering, Environmental, Landscape Architecture and Land Surveying. Active annual accounts exceed 200 unique clients/projects annually and the company is on track to deliver $2.2 million in Revenue in 2023.
The firm has a highly skilled and well-respected staff consisting of approximately 10 employees plus the principal owner.
Commercial Real Estate is partially owner-occupied and partly rented and is available for sale – as a separate transaction. The estimated fair market value of Real Estate is $1,000,000. Included in the sale is industry specific equipment and vehicles.
CT State Ownership: Ownership restrictions per State of Connecticut Professional Organizations = Principal Owner needs to be a Licensed PE and or Licensed Surveyor in the State of Connecticut. (Subject to attorney verification).
The owner is willing to entertain Long Term Transition for a Qualified Buyer
This prominent Civil Engineering – Land Surveying Company headquartered in New Haven County is on track to deliver $1.3 million in Revenue in 2023. It has over 40 years of Land Records for New Haven, New London, and Surrounding Counties and offers Civil Engineering, Environmental Engineering, Landscape Architecture, and Land Surveying.
The company operates with a highly skilled and well-respected staff consisting of approximately 8 employees plus the principal owner.
Commercial Real Estate is partially owner-occupied and partly rented and is available for sale as a separate transaction. The estimated fair market value of Real Estate is $150,000. Also included in the sale is industry specific equipment and vehicles.
CT State Ownership: Ownership restrictions per State of Connecticut Professional Organizations = Principal Owner needs to be a Licensed PE and or Licensed Surveyor in the State of Connecticut. (Subject to attorney verification).
The owner is willing to entertain Long Term Transition for a Qualified Buyer
This company has been sold, view our other engineering businesses for sale.
Civil and Structural Engineering Business with very high profit margins. To supplement their New Jersey staff, they have high quality overseas employees that are able to do labor intensive work at very cost effective salaries. Their employees have been with them for a number of years and are full time dedicated employees. The New Jersey and overseas office functions as a seamless unit. Almost all of their clients are large industrial companies that provide them with repeat business over the course of many years. Their clients pay within 30 days so this provides them with steady cash flow.
Growth and Expansion: They currently don’t do any electrical engineering or mechanical engineering. A company that is able to offer these and other services could increase revenue by cross selling their loyal customer base.
Contact us to help you sell your engineering business in New Jersey and throughout the Eastern US.
This business has been sold. Please contact us if you would like to Sell your Engineering Firm in Connecticut, New York, or any other state. If you are interested in buying an engineering firm, please view our Engineering Businesses for sale.
This prominent Engineering firm is headquartered in CT and licensed to work in the states of New York, Connecticut, and Massachusetts. It Specializes in Structural engineering, Special Inspections, Peer Review, and Construction Administration. At Present, the majority of the work is concentrated in New York City and surrounding areas in New York State.
Business Highlights: The firm has an average annual revenue of about $1.6 million over the past 5 years, with the average owner’s discretionary income in the $1.0 million range. With a solid reputation and a long history of solid working relationships with key clients, this company is positioned for steady growth under new leadership.
Ownership: The owner is a Structural Engineer and NYS Licensed PE.
Professional Staff: The firm has a highly-skilled and well-respected staff, Consisting of approximately 10 employees plus the owner.
Reason for Sale: Retirement
Transition: Owner willing to entertain Long Term Transition for Qualified Buyer
Financing: SBA Pre-Approved with 20% down; Some Seller Financing TBD based on Buyers Qualifications.
NY State Ownership: Ownership restrictions per the New York State Department of Education is a PLLC Structure. The principal Owner Must be a licensed New York State PE and must own 75.01% equity in the company. A non-licensed investor can own 24.99%.
The owner wishes to sell to a licensed NYS PE to ensure the proper transition of the client base.
