Excavation & Utility Contractor, Services & Design
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Asking Price
$20,000,000
Detailed Information
New York City, New York, US
Not Provided
NA
Business Description
This company is a highly successful excavation and utility contractor with a strong reputation built over 30 years. They offer a range of services, from site work to underground conduit installation, and have earned a "favored son" status with clients due to their commitment to customer satisfaction. Their income has grown by over 70% in the last three years. Their in-house services include design, engineering, and construction, providing clients with a seamless experience. The company's expertise allows them to take on diverse projects, from manhole construction to fiber optic installation. With dedicated employees and adherence to deadlines, they have seen a 35% increase in revenue and a 74% gain in cash flow. Opportunities for growth include expanding into electric and gas utilities, aerial work, and private sector projects outside of NYC. The company, registered as a minority business enterprise (MBE), could capitalize on this status for municipal projects. The sale includes a storage yard, equipment, vehicles, and a willing owner to