Infrastructure Business With Niche In Waterways And Sewers For Sale

Description

This infrastructure company specializes in water, sewer, and drainage projects for municipal and government clients across the Hudson Valley region and Westchester, NY. The firm has served public sector clients for nearly a decade, handling both maintenance work and large multi-million-dollar contracts.The company employs a team of 12 professionals, including a project supervisor, foreman, estimator, accounting manager, payroll manager, and field labor staff. It is union affiliated, providing access to qualified labor for larger projects when required.The transaction includes $375,000 in hard assets, $1,840,000 in accounts receivable, and a project backlog exceeding $500,000. The current owner remains involved in general oversight, estimate review, and contract supervision. The seller is planning retirement and is willing to remain with the business for up to one year after the sale. The seller is also offering to carry 15 percent of the purchase price to support a smooth transition.The business is priced at $2,825,000, requiring $282,500 in unborrowed funds for acquisition.Growth opportunities include expanding service offerings beyond core operations, re-entering the New York City market, and scaling into larger infrastructure projects such as bridge and culvert construction.