Civil Engineering and Land Survey Firm Upstate NY

Ideal acquisition target for a strategic acquirer who desires a footprint in the New York City Watershed or group that wants to diversify geographically in the Catskills.

Provides Structural Engineering, Land Surveying, and Architectural Design services in the State of New York.

Company Overview:
-- Founded in 1997, New York C Corporation licensed in the State of New York. Employs team of 19 full-time and 7 part-time employees.
-- Known throughout Hudson Valley and Great Northern Catskill Region for Integrated Civil Land Development and Land Surveying capabilities.
-- Growing regional demand and repeat client work resulted in 15% revenue growth over last year.

Key Investment Highlights:

2023: $2.37M revenue and $802K seller discretionary earnings

Diverse customer base across Commercial, Residential, and Municipal sectors with 250 to 300 active clients.

High recurrence rate with large clients including Land Developers, Recreational Areas, and Custom Home Architects.

Company has $670,000 backlog in design and permitting work, plus anticipated revenue from construction projects. The Company also has an additional $240,000 to $1.2 million in follow-on work with Subdivision client projects.

For continuity of operations, Company intends to sell the 6,088 SF commercial office property to the acquirers of the business.

Top-line and profitability growth driven by higher margin commercial and residential project work.