Road Infrastructure with Utility and Sewer Work – Owner to Stay On - Business for Sale
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Road Infrastructure and Utility Construction Firm in New York City
New York, NY, US
Added today
Road Infrastructure and Utility Construction
23 years in business
Retiring Owner
This New York City-based construction firm specializes in roadways, underground utilities, and water/sewer projects, serving all five boroughs and working with multiple city agencies for over 20 years.
Key Information
Asking
$450K
Revenue
$18.4M
Earnings
$913K
Multiple
0.5x
Key Highlights
- Business has been established for 23 years
- 40-50 full-time W2 employees, including union field staff and 2 VPs
- Current backlog is over $54,000,000
- Equipment and vehicles valued at $2,861,000 (2023 appraisal) are included in the sale
- Business occupies a 25,000 sq ft lot with a 4,000 sq ft office space
- Seller will carry 10% of the purchase price and roll 10% equity
- Seller offers a training period of 1-2 years post-sale
Contact Info
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