This firm has focused on municipal & government clients for
almost a decade. They have over $5,000,000 in backlog and
specialize in water, sewer, and drainage for infrastructure
projects, serving municipalities and government clients
throughout the Hudson Valley region to Westchester NY.
They are union-affiliated, allowing them to gain quality field
labor when needed. They handle projects ranging from
maintenance jobs to large multi-million-dollar contracts. The
deal comes with over $1,200,000 in hard assets plus
$1,200,000 in AR making this fully collateralized for a lender!
The company employs 12 talented team members including a
project supervisor, foreman, estimator, accounting manager,
payroll manager, and field labor. The owner is involved,
providing general oversight, reviews estimates, contract
negotiation, and financial management. The seller is planning
for retirement and has offered to stay with the business for up
to 1-year post-sale and is willing to carrying 15% of the
purchase price to show vested interest in the continued
success of the business moving forward.

Priced at $2,800,000 a buyer would need $280,000 in
unborrowed funds to purchase. Growth opportunities include
expanding service offerings beyond core competencies, re
entering the New York City market, or scaling up to larger and
more diverse infrastructure projects such as bridge or culvert
construction.