Hot Listing

Cash Flow Strong Heavy Civil Construction Company

Asking Price$10,800,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$23,000,000

Inventory$1,450,000
Included in asking price
FF&E$6,690,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

Cash Flow Strong Heavy Civil Construction Company


Asking Price$10,800,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$23,000,000

Inventory$1,450,000
Included in asking price
FF&E$6,690,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
This well-known Heavy Civil Construction Company in the Northeast provides road construction and bridge repair as well as water, sewerage & drainage systems and pump stations. The firm enjoys significant operating margins and documented profitability with considerable owner benefit.

The company has been fully reviewed and internally appraised at 3.2 x EBITDA (2024). There is $1,450,000 in Net Working Capital plus another $6,690,000 in Fixed Assets included in the deal. By implementing the proposed deal structure, an owner operator will obtain more than $1,600,000 benefit in after-acquisition-debt cash flow in Year #1 – over 75% return on equity investment.

(ALL DATA BASED ON SIGNED TAX RETURNS)
About the Business
Years in Operation
25
Facilities & Assets
This business currently operates from 2.75 Acre facility with 6,700 SF of office, storage and vehicle/equipment repair and maintenance space.
Market Outlook / Competition
The company enjoys a strong competitive advantage in its service area as a result of a twenty- 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
Other Interests (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
$2.2m Seller financing plus $6.5m Bank financing subject to buyer qualification
Listing Info
ID
2448769
Listing Views
24

Contact Seller

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Business Listed by: Achim Neumann A Neumann & Associates, LLC

Listing ID: 2448769 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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