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Listed by:

VNB Business Brokers

Renowned Civil Construction Equipment Rental And MPT Services For Sale

Suffolk County, New York, US
Asking Price:
$470,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$724,933 (USD)
Cash Flow:
$116,133 (USD)

For sale is a renowned civil construction, equipment rental, and Maintenance and Protection of Traffic (MPT) services provider. The business has a 23-year operating history within the construction industry, undertaking civil works for federal and state projects. Seller is open to a partnership or a buyer seeking to purchase 100% of the business.

It is classified as a certified Disadvantaged Business Enterprise (DBE) and a Women’s Business Enterprise (WBE).

As demand for the business’ services continues to increase, the current owner believes it is advantageous for the business to be led by more than one owner, leading to the sale of the business. Asking Price of $470k is for 49% partnership in business. Sale price can be further negotiated if purchaser intends on purchasing 100% of the business.

The majority of the business’s projects are state and federal in scope since the business is certified by the New York State (NYS), New York State Department of Transportation (NYSDOT), Metropolitan Transportation Authority (MTA), New York and New Jersey Port Authority (NYNJPA), and New York City (NYC). These certifications enable the business to provide assurance to its clients relating to its credibility, reliability, and commitment to quality workmanship.

Estimated W.I.P. (Works In Progress)
Active: $180,000. Not yet started: $735,000.
On hold: $7,200,000.

The business has diversified its revenue stream by offering concreting, trucking, and landscaping services. The business also offers 24-hour emergency services to complement its service offerings to cater to a range of service demands that clients urgently require.

The business is currently supported by two full-time employees and could expand to up to 17 depending on the workforce requirements of each project.

Property Information

Real Estate:

Lease

Leasehold Rent:

$24,000 (USD) per annum

Location:

Suffolk County, New York

Size in square feet:
800

Business Operation

Reasons for selling:

Considering possible partnership or sale

Employees:
2
Years established:
1998

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$75,000 (USD) - included in the asking price
Inventory / Stock value:
$100,000 (USD) - included in the asking price

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