Project Transit, Transit Consulting & Technology Advisory Firm, New Jersey

$7.7M

Revenue

$1.1M

SDE

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Full Editorial Writeup

Project Transit represents the opportunity to acquire a premier management and technology consulting firm serving asset-intensive clients, primarily in the transportation sector, with expanding... Businesses Franchises Brokers a6301374279843840.cdn.optimizely.com a6301374279843840.cdn.optimizely.com is blocked This page has been blocked by an extension Try disabling your extensions. ERR_BLOCKED_BY_CLIENT Reload This page has been blocked by an extension Loading... Transportation Consulting & Technology Advisory Firm Bergen County, NJ Asking Price:Not Disclosed Cash Flow (SDE):Not Disclosed EBITDA:$1,100,000 Gross Revenue:$7,700,000 Established:2010 Transportation Consulting & Technology Advisory Firm Business Description 200+ engagements with major public transit authorities, $7.7M revenue Project Transit represents the opportunity to acquire a premier management and technology consulting firm serving asset-intensive clients, primarily in the transportation sector, with expanding capabilities across aviation, micromobility, and the broader paratransit ecosystem. The company provides strategic consulting and technology-enabled solutions that help public agencies and infrastructure operators run more efficiently, plan for disruptions, and modernize the technology and systems behind their transportation networks.Founded in 2010 to help address the underrepresentation of women- and minority-owned businesses in transportation consulting, the firm holds diversity certifications that allow it to benefit from federal and state mandates favoring diverse participation in public contracting. These advantages, combined with strong industry relationships, have accelerated the company's penetration into the highly competitive Northeastern market.While initially serving as a sub-consultant, the company has intentionally made strides toward transitioning into a prime consultant role. This shift has already yielded tangible results: approximately 50% of its projects lead to follow-on work from existing clients, reducing competitive bidding and reflecting the firm's reputation for consistent quality and lasting client relationships. Over its history, the company has secured over 200 engagements with leading public transit authorities.The company generated $7.7 million in revenue and $1.1 million in EBITDA in 2025, and is on track to exceed $8 million in revenue and $1.4 million in EBITDA by year-end, supported by a diversified and increasingly complex contract portfolio.The team brings decades of operational expertise from prior consulting roles within the transit industry, and maintains active engagement with industry organizations to stay current on evolving market and technology trends. The company has developed longstanding relationships with top-tier prime consulting firms, frequently serving as a preferred sub-consultant on major engagements.As the company prepares for its next phase of growth, it is seeking a partner to support scaling operations, capitalize on favorable market conditions, and continue its transition into prime consultant roles across a growing set of service areas. Ad#:2535778 Attached Documents Project Transit (July 20... Detailed Information Employees: 30 Full-time Business Location Location: Bergen County, NJ Real Estate: Leased Financial Benchmarks for New Jersey Architecture and Engineering Firms Gross Revenue Benchmarks Cash Flow (SDE) Benchmarks EBITDA Benchmarks BizBuySell EDGE Demographic Information for Bergen County Area Household Income Population Age Population Trend Population by Race/Ethnicity BizBuySell EDGE Listing Statistics Saved This Listing Listing Last Updated Appeared in Search Listing Detail Views BizBuySell EDGE Know the True Market Value Before You Make an Offer Get valuation data to negotiate with confidence. Get a Valuation Report Business Listed By: Emily Richins Phone Number 480-822-0843 Voice only (no SMS) Ad#:2535778 The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms of Use before responding to any ad. Learn how to avoid scams. Contact Form Full Name* Enter a valid Full Name Phone Number Enter Phone Number Email Address* Enter Email Address Optional Message Yes, send me the Buyer Newsletter for popular businesses, tips, & email promotions. Send Message By clicking the button, you agree to BizBuySell’s Terms of Use and Privacy Notice Business Listed By: Emily Richins Phone Number 480-822-0843 Your request has been sent. What Happens Next? is reviewing your details. A representative will reach out soon to discuss your options. Expect a response in 1-2 business days. 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Why we like it

Earnings quality is solid for a services firm, with $1.1M EBITDA on $7.7M revenue (roughly 14% margin) and a stated path to $1.4M EBITDA on $8M+ by year-end. The revenue base is anchored by public transit authorities, which are slow-paying but extremely reliable counterparties funded by federal and state budgets.
The moat is real and unusual: women- and minority-owned diversity certifications that qualify the firm for set-aside dollars under federal and state public-contracting mandates. Combined with 200+ completed engagements and preferred sub-consultant status with top primes, this creates a structural advantage that a generic competitor cannot simply buy.
Public transit and infrastructure spending is a durable, non-discretionary tailwind. Agencies must maintain, plan, and modernize their networks regardless of the economy, and federal infrastructure funding provides multi-year visibility that most consulting shops would envy.
Client stickiness is a genuine advantage here, with roughly 50% of projects generating follow-on work from existing clients. That reduces competitive bidding, lowers customer acquisition cost, and gives an incoming operator a predictable base to build the prime-consultant transition on top of.

How to improve it

Accelerate the sub-to-prime transition deliberately, since prime roles carry higher margins and control of the client relationship. Map the existing 200+ engagements to identify which agencies would let the firm bid prime on the next cycle, and staff a dedicated capture function to pursue those.
Build a formal business development and proposal engine in the first 90 days. Public agency work is won through disciplined RFP response and relationship management, and a systematized capture process will let the firm pursue more opportunities without diluting win rates.
Geographically expand beyond the Northeast by leveraging the same diversity certifications, which have counterparts in most states and federal DOT programs. Aviation, micromobility, and paratransit are named growth areas, so entering adjacent metro transit markets diversifies away from concentration in a single region.
Reduce key-person and certification risk by documenting how the minority/women-owned status is maintained post-sale. Structure the acquisition so the certification survives the ownership change or build a plan to re-qualify, because losing set-aside eligibility would gut a core competitive advantage.
Invest in the technology-enabled solutions side, which the listing hints at but does not quantify. Turning repeatable advisory frameworks into productized or software-supported offerings would raise margins and create recurring revenue on top of project-based consulting fees.
Tighten utilization and bench management across the 30-person team. Consulting profitability lives and dies on billable hours per head, so installing basic utilization tracking and a staffing model can lift EBITDA margin meaningfully without adding revenue.

Diligence notes

Scrutinize the certification dependency: quantify what share of revenue and backlog flows from diversity set-aside eligibility, and confirm whether that status transfers on a change of ownership. If the certification is tied to specific individuals and cannot survive the sale, the moat and a large slice of the pipeline may disappear at closing.
Examine client and contract concentration across the 200+ engagements. Understand how many agencies drive the top revenue, the length and renewal terms of current contracts, and how much of the $7.7M is committed backlog versus pipeline, since public-sector timing can be lumpy.
Validate the projected jump to $8M+ revenue and $1.4M EBITDA against signed contracts and awarded work. Confirm whether the improvement is booked or aspirational, and reconcile the EBITDA figure against add-backs, owner compensation, and true post-sale management cost.
Assess key-person risk in the leadership and senior consultants, given the firm's value rests on decades of transit relationships and preferred-sub status with primes. Determine which relationships travel with the seller, what non-competes and retention packages are in place, and how the prime firms would react to new ownership.
Review working capital and cash conversion carefully, because public agencies are notoriously slow payers. Understand DSO, any factoring or line-of-credit usage, and how much cash gets tied up funding projects before invoices are collected.

Source

Originally listed on BizBuySell. View original listing →