Hot Listing

Heavy Wet Utility & Site Construction Contractor

Asking Price$10,000,000

Cash Flow
$2,741,490

EBITDA$2,741,490

Gross Revenue$16,678,125

InventoryNot Disclosed

FF&E$2,288,500
Included in asking price
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Hot Listing

Heavy Wet Utility & Site Construction Contractor


Asking Price$10,000,000

Cash Flow
$2,741,490

EBITDA$2,741,490

Gross Revenue$16,678,125

InventoryNot Disclosed

FF&E$2,288,500
Included in asking price
Business Description
This well-established heavy wet utility and site construction contractor has served its booming market for more than 15 years, specializing in the construction and repair of essential infrastructure, such as water and sewer lines, pump stations and wastewater treatment facilities, to name a few. The company’s primary customer base includes municipalities and water supply corporations, which account for about 95% of its revenue. Many of these clients rely on the company’s services for ongoing infrastructure projects, while it has also developed a profitable niche providing emergency repair work. The company is known for its quick response time and high-quality execution, which further enhances client loyalty and strengthens long-term relationships.

The company operates with an experienced, loyal workforce of approximately 30 employees, many of whom have been with the company for at least a decade. A highly skilled and trusted field staff manages the day-to-day operations, ensuring efficient project management across multiple ongoing jobs.

The company is poised for significant growth under new ownership. Expansion opportunities include pursuing additional municipal contracts, leveraging existing TxDOT certifications to capture state transportation projects and enhancing emergency service offerings. But geographic expansion into neighboring regions and exploring larger private development contracts represent further avenues for growth. Although ownership is preparing for retirement, it remains committed to a seamless transition, offering full-time support for up to six months post-sale, and open to part-time consultancy beyond that term if necessary.

The financials presented represent 2025 forecasts. The revenue is based on billed revenue through 5/31, coupled with already-contracted revenue to be completed during the back half of year.

NORTHSTAR PROCESS NOTE: After submitting a request for more information, please watch your inbox (and check your spam folder) for an automated email from notifications@zohosign.com containing NorthStar's Confidentiality Agreement. After electronically signing that CA, you'll be enrolled in the NorthStar Transaction Navigator and have the opportunity to review this business in great detail. If you don't receive the CA within 5 minutes of submitting your request, please contact us directly.
About the Business
Years in Operation
18
Employees
30
Facilities & Assets
The company operates from a 5,000-square-foot facility situated on ?ve acres of land. The building is well-suited for the company’s operations, offering both of?ce space and asset storage. The property also includes a sizable yard, which is used to store and stage heavy equipment and materials. This outdoor space provides ample room for the company’s current operations, as well as potential for future expansion. Routine maintenance on equipment is performed in-house in the facility's bays, while major repairs are outsourced.
Market Outlook / Competition
The company faces minimal competition in the majority of its projects, sometimes being the lone bidder. In many cases, clients reach out to the company directly, requesting that they submit a bid, which underscores their strong reputation in the industry
Opportunities for Growth
The business has ample opportunities for growth, depending on new ownership's preference. The owner believes adding more of a focus on private development projects is the most logical, attainable and lucrative path, but there are several other viable opportunities, including geographic expansion, maintenance and service offerings, and TxDOT projects.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,000
About the Sale
Seller Motivation
Retirement
Transition Support
The owner is open to remaining in a full-time capacity for up to six months post-closing, ad will consider a longer term on a contract basis if necessary.
Listing Info
ID
2300681
Listing Views
2876

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Business Listed by: Jeremy Furtick NorthStar Mergers & Acquisitions

Listing ID: 2300681 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.