Concrete And Materials Testing Laboratory In New York For Sale

Description

Core Services: Concrete testing, including sampling and strength verification for code compliance. Soil testing, including compaction and stability analysis prior to construction. Steel and rebar testing, ensuring quality and safety of reinforcement materials. Asphalt and paving testing, including density and quality checks for roads, highways, and airports. Special inspections, providing certified oversight required by NYC DOB, NYSDOT, and other agencies. The business ensures that materials used in major infrastructure projects such as roads, bridges, subways, airports, and hospitals meet safety and compliance standards. It supports regulatory approval and contractor payment processes. Facilities and Property Commercial property is included in the sale. Financial Overview 2022 to 2024 2022 Revenue: $1,039,456, Adjusted SDE: $209,188 2023 Revenue: $1,240,397, Adjusted SDE: $238,000 2024 Revenue: $923,916, Adjusted SDE: $113,521 Three year average adjusted SDE is approximately $187,000. 2025 Outlook The business is trending upward with new government contracts being added. Key Contracts and Clients Certifications and Compliance WBE certified in New York City and New York State. Licensed concrete testing laboratory. Class 3 special inspection agency. Licensed nuclear gauges, with seven units approved by NRC and NYSDOH. Accreditations include CCRL, AASHTO, and AMRL. Industry memberships include New York Building Congress, ACEC, STA, and BTEA. The owner has reduced involvement due to family commitments. The business maintains long standing institutional contracts that provide stable revenue. Growth opportunities include expansion through additional government contracts and broader service offerings. This established concrete materials testing laboratory has operated for over 20 years and has built a strong industry reputation. The business generates consistent annual revenue averaging approximately $1.07 million, with adjusted owner cash flow of about $187,000. Demand for its specialized services remains stable, providing a reliable income stream. Existing certifications, experienced staff, and industry relationships support continued operations and future growth. A signed confidentiality agreement is required to receive the exact location.