For sale is an established civil and site work contractor serving markets throughout the Southeast and Gulf Coast. The company provides horizontal construction services including site clearing and grading, underground utilities, sub-grade preparation, curbing, asphalt paving, concrete work, and DOT maintenance and emergency response services. Revenue is approximately 60% governmental and 40% private-sector.
A significant competitive advantage is the company’s recently achieved DOT pre-qualification, which materially expands its addressable contract market and creates a meaningful barrier to entry. The company has bonding capacity of up to $10 million per project and can bid up to $18 million of DOT work concurrently, with additional qualifications covering hot mix asphalt and underground utilities.
Operations are supported by an experienced workforce of ~30 employees and approximately $500,000 invested in GPS-enabled equipment, improving field efficiency and reducing reliance on outside surveyors. The company benefits from established governmental and private-sector relationships, recurring DOT-related maintenance work, and repeat commercial projects. A key private customer generates multiple projects annually, including an additional $600,000 contract recently executed.
Significant growth opportunities exist for a well-capitalized buyer. Additional working capital and expanded estimating and project management capacity could support larger and more concurrent projects, while the company’s recently obtained DOT qualifications provide access to a substantially larger contract universe.
The owner is seeking a buyer with the resources to support the company’s next phase of growth and provide additional opportunities for employees. He is open to remaining post-close in a project management, customer-facing, or operational role to support a smooth transition.