NYC Public Works Contractor With Huge Backlog
Not Disclosed, NY Not Disclosed
NYC
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- RE: NYC Public Works Contractor With Huge Backlog
- Contact: Ken Stein
Quick Facts
| Asking Price: | $10,000,000 | |
| Annual Revenue: | $22,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $3,000,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1012741 | |
| Broker Reference #: | 15916 |
Business Overview:
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.
Contact the Seller:
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Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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