Traffic Management Firm

New York, NY (New York County) (Relocatable)

Traffic Management Firm
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Asking Price: Get Financing: $8,250,000

Cash Flow: N/A

Gross Revenue: $7,830,000

EBITDA: $1,550,000

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: 2014

Traffic Management Firm

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Business Description

Unique start-up company with strong cash flow!

The Company is a leading traffic management firm providing brand new, unique solutions that were previously absent from the market geared towards optimizing high-volume pedestrian and vehicle traffic flow at congested or hazardous public and private areas. The core service provided by the Company is temporary traffic control through Pedestrian Traffic Management (PTM). Historically, crossing guards have been utilized to protect school children and police officers to control vehicle traffic, but there was never any one in place responsible for protecting all pedestrians at non-school locations until the Company introduced the concept of PTM. Its services have been extended to Crane Operations Protections Services (COPS) to ensure safe, efficient flow of pedestrians and vehicles in close proximity to hazardous construction sites. The Company employs trained and certified professionals, many of whom have career backgrounds in law and traffic enforcement.

The primary customer base is comprised of sports/entertainment venues, construction and crane companies, distribution centers, shopping centers, business districts, and local government agencies. The Company’s impressive, well-rounded list of clientele includes Amazon, New York City Department of Transportation, Port Authority of New York and New Jersey, Barclays Center, and Goldman Sachs. Approximately 75% of its revenue is generated through repeat contracted business with existing clients.

Detailed Information

Real Estate:
Leased
Building SF:
1
Lease Expiration:
N/A
Employees:
40
Facilities:
The Company currently leases office space from a third-party landlord.
Competition:
The Company is ideally positioned to capitalize on the expanding market demand for the unique services it provides. As the innovators of this new trend in pedestrian safety, the Company is looked upon as a knowledgeable, trusted resource in this space. Public and private enterprises are embracing this new approach to managing the extremely congested intersections across New York City.
Growth & Expansion:
The Principal ardently believes that if he were able to focus on this Company full-time, the opportunity is available to expand operations many times over. This is evidenced by the rapid growth of the Company in spite of there being minimal proactive marketing programs for its services in place, not having the benefit of any significant investments to support its growth, and the Principal not being involved in its operations.
Support & Training:
Principal is willing to participate in a transition period. Management team in place that currently handles all operations and will remain with Company post-transaction.
Reason for Selling:
Retirement/Succession Planning
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La'Teya Tennet

Business Listed By:
Le'Teya Tennet

Sun Mergers & Acquisitions

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Sponsoring Broker:
Randi Goldberg

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