Business Description

This infrastructure business specializes in site preparation and paving for parks, roads, and school districts, serving repeat clients such as the DOT and Port Authorities. With a strong track record of 43 years and over $38 million in contracts, this NYC-based company boasts valuable assets including heavy equipment, vehicles, and working capital, as well as ample space for expansion in their 12,000 sq. ft. facility. The team comprises 20 core personnel and a pool of trained professionals, with the owner offering a smooth transition plan before retirement. Priced at $4,950,000, this business presents an attractive investment opportunity, especially in light of the US Infrastructure Bill earmarking $66 billion for public transportation infrastructure projects. Under the municipal umbrella, the company's operations are recession-resistant, and there are growth prospects by diversifying into plumbing, precast, fencing, and hardscaping services. A potential buyer must qualify for a Minority, Woman, or Veteran designation to own a majority stake