Lucrative Parks, Roads Infrastructure With 48 Million In Backlog For Sale

Description

This civil infrastructure business specializes in site preparation for parks, roads, and school districts, with a strong focus on paving and municipal work. The company serves long standing repeat clients including the Department of Transportation, Department of Parks and Recreation, and Port Authority entities. It has maintained an uninterrupted project performance record over 43 years with no project defaults. The business currently holds more than $48 million in active contracts, providing strong forward visibility of revenue. Assets and Facilities Total asset value exceeds $4 million, including approximately $2,350,000 in heavy equipment and $466,000 in vehicles. The sale also includes $500,000 in working capital, making the financing structure strongly collateralized. The company operates from a 12,000 square foot facility that includes office space, equipment storage, and a workshop. Approximately 8,000 square feet remains unused and available for expansion. Operations and Staff The business employs approximately 20 core team members, including office staff, project managers, and foremen. In addition, it utilizes 30 to 50 union laborers depending on project volume. The owner currently works approximately 25 hours per week and is willing to provide a transition period of two to three years. The seller is also open to financing options and an equity rollover of up to 20 percent. Financial and Strategic Position The business is positioned within the municipal infrastructure sector, which provides stability during economic downturns due to ongoing public sector demand. Additional growth potential exists through infrastructure funding initiatives and expansion into related services such as plumbing, precast work, fencing, and hardscaping. Buyer Requirements A buyer must qualify under Minority, Women, or Veteran owned business designation requirements to obtain majority ownership. Asking Price $4,600,000.