MEP Engineering Serving Commercial Clients

Description

This company provides mechanical, electrical, and plumbing (MEP) engineering design services with limited fire protection design for a repeat client base of about 215 projects annually. Established 22 years ago, they are based in Charlotte North Carolina and primarily serve clients throughout the Southeastern United States. The business maintains a diverse and stable client base of approximately 18 active clients, consisting primarily of commercial business owners. Revenue is well distributed, with no single client accounting for more than 10–15%. The business operates from an office that supports a team of seven 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 engineer