Well-Regarded NYC Construction Company
Asking Price: | $27,000,000 |
Gross Revenue: | $51,000,000 |
Cash Flow: | $11,000,000 |
Based in the greater NYC area, this second-generation family-owned and operated company specializes in municipal sewer and watermain construction.
The 30+ year-old business has benefited from ownership's commitment to timely completion of its projects and selective bids primarily in the outer boroughs. Adherence to old-school techniques and workmanship have helped distinguish the firm as a leader in their specialty while also providing clearly identifiable opportunities to achieve scale in both public and private sectors.
A new owner will find multiple growth options greatly facilitated by leveraging the company's outstanding reputation. Geographic expansion, subcontracting and implementing new technologies and marketing plan will enhance the firm's position as an industry leader while providing many new lucrative projects.
A well-tenured, skilled and motivated staff coupled with a well-equipped fleet, and full complement of tools and machinery make for an amazing turnkey opportunity just waiting for the right owner to inject new ideas into this legacy business.