58-Year-Old Market Leading Site Contractor

Sale Pending

Asking Price$1,500,000

Cash Flow

EBITDA$200,000

Gross Revenue$2,174,146

Inventory$10,000
Included in asking price
FF&E$1,600,000
Included in asking price
Real Estate$1,100,000
Not included in asking price
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58-Year-Old Market Leading Site Contractor


Sale Pending

Asking Price$1,500,000

Cash Flow

EBITDA$200,000

Gross Revenue$2,174,146

Inventory$10,000
Included in asking price
FF&E$1,600,000
Included in asking price
Real Estate$1,100,000
Not included in asking price

Seller Financing Available
Business Description
This company provides site work and construction services for residential and commercial applications including, but not limited to, subdivisions, marine construction services (sea walls and revetment stabilization), water and sewer repairs and installation and asphalt and concrete installations with all phases of roadway paving and concrete construction.
This company enjoys a sterling reputation with all local authorities with their drainage solutions, ability to perform complete site services (building slab down, storm drainage, water, sewer and soil stabilization with geosynthetics and pervious services). It is the intent of the current owners that this sterling reputation be passed on and enjoyed by the new owner of the company and to ensure that transition, the owners are committed to assisting in a transition plan.
The opportunities for a new owner are exciting with pipeline work approaching $3 million. Many municipalities contact the company for their ability to work in confined spaces and to process demolished materials with the company’s concrete crusher with the growing consciousness of reuse of construction products. In addition, the company can grow by dividing the company into a crushing and recycling division, an asphalt paving division, a concrete division and a utility division to include marine construction and soil reinforcement fabrics.
About the Business
Years in Operation
61
Employees
12
Facilities & Assets
The company’s centrally located facility is also available for sale for appraised value, estimated to be $1.1 million.
Market Outlook / Competition
There are several competitors in the Charleston Region.
Opportunities for Growth
Revenues have consistently been north of $2,000,000 for years.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
25,000
About the Sale
Seller Motivation
Retirement
Transition Support
The current owner will provide extensive support and training for six to twelve months on a negotiated basis.
Listing Info
ID
2177644
Listing Views
1298

Contact Seller

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Business Listed by: Marc Williams Charleston Business Brokers

Listing ID: 2177644 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. See our full Terms of Use. Learn how to avoid scams.


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