Hot Listing
Cash Flow Rich Heavy Construction (Paving/Concrete) Company
Business Description
This well-known Heavy Construction Company in the Mid-Atlantic area provides road and sidewalk construction, paving as well as the building of athletic fields to state agencies and local municipalities. The firm enjoys significant operating margins and documented profitability with considerable owner benefit.
The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 3.2x EBITDA (2024). A full valuation report is included and there is $680,000 in Net Working Capital plus another $4,500,000 in Fixed Assets included in the deal. By implementing the proposed deal structure an owner operator will obtain over $1,000,000 benefit in after- acquisition-debt cash flow in Year #1 – almost 45% return on equity investment.
(ALL DATA BASED ON SIGNED TAX RETURNS)
The company has been fully reviewed and conservatively appraised by an accredited national valuation firm at 3.2x EBITDA (2024). A full valuation report is included and there is $680,000 in Net Working Capital plus another $4,500,000 in Fixed Assets included in the deal. By implementing the proposed deal structure an owner operator will obtain over $1,000,000 benefit in after- acquisition-debt cash flow in Year #1 – almost 45% return on equity investment.
(ALL DATA BASED ON SIGNED TAX RETURNS)
About the Business
- Years in Operation
- 30
- Number of Employees
- 70
- Facilities & Assets
- This business currently operates from a conveniently located 13,600 sq. ft. owned location with a combination of office, warehouse and storage space which is available for purchase under separate agreement.
- Market Outlook / Competition
- The company enjoys a strong competitive advantage in its service area as a result of a thirty plus year history of successfully bidding and completing multiple state and local construction projects.
- Opportunities for Growth
- It is projected that a new owner will obtain significant additional growth by bidding aggressively in its current target area and by expanding their efforts into neighboring regions which will require minimal additional investment. This effort will allow the company to grow upwards of 20% annually with significant gross margins.
About the Sale
- Seller Motivation
- Retirement (consulting available)
- Transition Support
- A comfortable transition period will be provided by the owner who truly wants to see the business continue to flourish. Seller will consider a mid-term consulting agreement thereafter. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.
- Financing Options
- $2.3m Seller financing plus $7.0m Bank financing subject to buyer qualification
Listing Info
- ID
- 2391725
- Listing Views
- 560
Listing ID: 2391725 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.
Businesses for Sale Building & Construction Service Businesses for Sale Other Services Businesses for Sale
