Under Contract
Petroleum Equipment Construction Company
Petroleum tank and environmental construction company serving NY, NJ, and CT
On NextCompany since September 3, 2026 (42 days)
NY area
Environmental remediationCommercial constructionConstruction & ContractorsAgriculture, Energy & Environmental
Business overview
This New York contractor installs petroleum tank systems across New York, New Jersey, and Connecticut. Crews also remove tanks and complete environmental remediation. The firm delivers design-build projects for convenience stores and fueling facilities.
Owners will stay on for an extended transition. Gross revenue is $21,000,000. Seller discretionary earnings are $2,114,000. The asking price is $9,500,000. This listing has an accepted offer.
Who is a good fit for this business
- Owner-operators with petroleum tank and environmental remediation experience in New York, New Jersey, or Connecticut.
- Strategic acquirers in commercial construction seeking a convenience-store design-build add-on.
- Buyers who want owners to stay through an extended transition of field operations.
- Buyers who can fund a $9,500,000 acquisition without seller financing.
Details
Frequently Asked Questions
This contractor installs and removes petroleum tank systems. Crews complete environmental remediation across New York, New Jersey, and Connecticut. The firm also delivers design-build projects for convenience stores and fueling facilities. The same crews complete electrical upgrades and service-station bay conversions.
Independent gas stations, major oil companies, and municipalities hire the company. Residential clients also use the contractor. Environmental consultants, real estate firms, and insurers retain the firm for petroleum and environmental work.
OSHA-trained certified staff handle petroleum bulk storage consulting and regulatory paperwork. They also run compliance inspections, audits, and UST operator training. Factory-trained technicians service leak detection, dispensing, and petroleum handling equipment. The company keeps a warehouse, an office, and a full complement of equipment.
Raj Sheth of Synergy Business Brokers lists this company at an asking price of $9,500,000. Gross revenue is $21,000,000. Seller discretionary earnings are $2,114,000. This listing has an accepted offer.
The listing does not include seller financing. The business is not relocatable. It is not a home-based company. Buyers should plan to run operations in the New York market.