Railroad Track Construction Company
Location: Missouri > Midwest
Industry: Building and Const. Services > Construction Sub-Contractors
Financials
Gross Revenue: $7,471,533
Cash Flow: $1,900,000
FF&E: $4,000,000 (Included in Asking Price)
Business Summary
For more than 50 years, this company has been completing railroad projects of all shapes and sizes.
Their services include:
• new railroad track construction
• continuous welded rail track construction
• railroad track maintenance
• production tie and rail projects
• track surfacing
• bridge deck replacement
• turnkey railroad track design and construction
This well-run company employs a stable force of more than 100 union employees. While the current owner believes the new owner benefits from being Union, labor contracts are by and between the current company/ownership and unions. There is no successor language in these agreements, so a new owner may elect to be non-union.
The company’s audited financial statements show 2006 revenues of nearly 7.5 Million Dollars.
Their three year average Discretionary Cash Flow, including 2007, approaches 2 Million Dollars.
4 Million Dollars of Railroad Construction Equipment is included in the Asset Sale.
Their current backlog of work is currently more than $15 Million Dollars!
Their services include:
• new railroad track construction
• continuous welded rail track construction
• railroad track maintenance
• production tie and rail projects
• track surfacing
• bridge deck replacement
• turnkey railroad track design and construction
This well-run company employs a stable force of more than 100 union employees. While the current owner believes the new owner benefits from being Union, labor contracts are by and between the current company/ownership and unions. There is no successor language in these agreements, so a new owner may elect to be non-union.
The company’s audited financial statements show 2006 revenues of nearly 7.5 Million Dollars.
Their three year average Discretionary Cash Flow, including 2007, approaches 2 Million Dollars.
4 Million Dollars of Railroad Construction Equipment is included in the Asset Sale.
Their current backlog of work is currently more than $15 Million Dollars!
About the Business
Year Established: 1956
Employees: 100 full time -
About the Sale
Management Training and Support: Yes
Reason For Selling: Retiring
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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