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Highway Infrastructure Construction Company – Over $17M In Pipeline

Price: $7,000,000

Annual Revenue: $11,210,482

Net Cash Flow: $1,043,647

Industry: Construction

Location: Westchester County, New York

The company is growing and now has over $17Million in a pipeline of committed work. They focus on infrastructure & municipal projects such as highways and toll infrastructure and sign construction for bridges & tunnels. Their specialty is in large infrastructure projects as well as any site preparation associated with a job. With over $2MM in assets, including heavy machinery, tools of the trade, and company vehicles, all equipment is in place for continued success.

The team of foremen and workers maximize their awarded contracts through competitive bidding and strong professional relationships. Currently in contracts are 17MM in work-in-progress and upcoming projects. This is a woman-owned certified business. The owner and her husband currently work within the company. One owner is willing to remain on staff throughout the transition or beyond, as desired.
Assets included in the sale:
Equipment: excavators, supplies, safety equipment, rigging, tools, office equipment
Vehicles: $80,000: Trucks, trailers
Work in Progress: $17MM
Inventory: $70,000
Intangible Assets: Positive reputation for completing large-scale projects

Listing Details

Inventory: $70,000 (Included in Price)

Reason For Sale:

Retirement.

Training & Support:

Seller Training Period: Owner - 1 year TBD

Location

Facilities Information:

They lease a 10’500 sf. Bldg. with 2500 sf offices. Yard space of .5 acres. Also have an additional bldg. with 8000 sf warehouse and .5 acres of yard space.

Summary

Historical Summary:

 

 

 

 

 

 

 

Potential Growth:

This business has been growing profitably and should continue to grow. Other opportunities are to manage utilization and profit margins, increase the team to increase capacity, increase local work contracts awarded, increase capital to increase bonding capacity. Add website and internet visibility.

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