Hot Listing

NYC Public Works Contractor with Huge Backlog for Sale

Asking Price$10,000,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$22,000,000

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

NYC Public Works Contractor with Huge Backlog for Sale


Asking Price$10,000,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$22,000,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
A construction company which almost exclusively works on government contracts with 2 NYC agencies is for sale. The company has a huge backlog of over $40,000,000 of work yet to be started which provides predictable revenue for the next ~2 years. The nature of the jobs the Company works on are essential, making the business recession proof. AI’s impact on the business can only be positive as it can help the next owners be more efficient without the risk of AI replacing the need for the Company. The owners are very committed to the next owner’s success and are flexible regarding what a transition will look like. There is huge growth potential as the company can expand its niche and begin to work on government jobs for other agencies within The City, or on jobs for the State and for the Local Municipalities outside of NYC. The main yard the Company operates out of could be included in the sale as well, or the owners would give the purchasers a lease. Please refer to listing #15916 when inquiring about this opportunity.
About the Business
Real Estate
Owned or Leased
Leased
Listing Info
ID
2521139
Listing Views
85

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Business Listed by: Ken Stein/Kensington Company The Kensington Company

Listing ID: 2521139 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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