NC MEP Firm With Several Engineers On Staff For Sale

This engineering firm provides mechanical, electrical, and
plumbing (MEP) design services and fire protection design.
For 20+ years, they have been based in Charlotte NC,
primarily serving a repeat client base of about 215 projects
annually throughout the Southeastern United States. The
business maintains a diverse and stable client base of
architects and commercial business owners, with no single
client accounting for more than 10%. The business operates
from an office that supports a team of eight employees,
including licensed engineers in electrical, mechanical, and
plumbing, plus there is an office manager who oversees
bookkeeping and billing functions in-house. The owner
remains involved in the operations where he provides
proposals and some technical engineering design work. In
preparation for a business transaction, the owner has started
mentoring 2 senior engineers to absorb the owners’ roles.
The seller is planning for retirement but has offered to stay
with the business for 1 to 2 years to guide the new owner.
Additionally, the seller has offered to carry 10% of the
purchase price as a show of good faith in the continued
success of the business post close.

Priced at $2,250,000 this opportunity is well-suited for either
an owner-operator seeking to enter or expand within the
industry, or for a strategic buyer looking to grow their
geographic presence and service capabilities. The firm has
the capacity to grow an additional 15–20% in workload with
the current team able to absorb without hiring. There are no
special designations being used to secure work.