Infrastructure Business with Niche in Waterways

This infrastructure firm specializes in water, sewer, and
drainage for infrastructure projects, serving municipalities and
government clients throughout the Hudson Valley region to
Westchester NY. This firm has focused on municipal &
government clients for almost a decade; ranging from
maintenance jobs to large multi-million-dollar contracts. The
company employs 12 talented team members including a
project supervisor, foreman, estimator, accounting manager,
payroll manager, and field labor. They are union-affiliated,
allowing them to gain quality field labor when needed for
larger projects. The deal comes with $375,000 in hard assets
plus $1,840,000 in AR, in addition to a backlog of over
$500,000. The owner is involved, providing general oversight,
reviews estimates & contract. 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 $2,825,000 a buyer would need $282,500 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.