Site Development Contractor with Underground Utility Capabilities

Asking PriceNot Disclosed

Cash Flow
Not Disclosed

EBITDA$1,777,000

Gross Revenue$13,659,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Site Development Contractor with Underground Utility Capabilities


Asking PriceNot Disclosed

Cash Flow
Not Disclosed

EBITDA$1,777,000

Gross Revenue$13,659,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Description:
The Company specializes in commercial site development and underground utility construction. The Company excels in handling complex projects, focusing on developing sites and installing essential utilities and systems, including underground retention ponds and utility pipes. With a reputation for innovation, the Company consistently provides effective solutions for challenging and intricate construction projects.

Key Aspects:
• Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 30.4% and 33.2%, respectively, from 2021 to 2024.
• As of March 31, 2025, the Company had $30.5 million in work-in-progress across 18 active projects, with $16.7 million remaining to be billed.
• The Company self-performs the majority of its specialized work, relying on subcontractors only for tree clearing and demolition, ensuring greater quality control and project efficiency.
• A strong management succession plan is supported by a capable second-tier leadership team, ensuring continuity and operational stability post-transaction.
• The Company's diverse skill set amongst its staff enables it to effectively manage projects of any size or complexity.

Opportunities:
• Expand operational footprint into adjacent and underserved markets beyond the Company’s current regional focus.
• Implement a strategic marketing campaign to increase the client base and digital presence.
• Opportunity to expand underground utility capabilities (water, sewer, storm, and dry utilities) to compete for larger, higher-margin projects.
• Capitalize on federal infrastructure initiatives and long-term demand for construction services to drive project volume and expand market share.
• Leverage this bolt-on opportunity to accelerate platform growth through expanded services and customer diversification.

Headquartered:
• Southeast, US

Current Markets:
• The Company specializes in private commercial projects, serving general contractors, commercial developers, construction firms, and housing developers across its regional market.

Real Estate:
• The Company operates from a 9,300 sq. ft. facility that includes office and shop space leased from an unrelated third party. The lease also provides yard space for storing vehicles and materials. Ownership is currently building a larger facility, expected to be operational by August 2025. Ownership is open to negotiating a long-term lease for the new facility.

Shareholder Ownership:
• The Company is wholly owned by a single shareholder who plans to exit to pursue other unrelated ventures. To ensure a smooth transition, the owner is willing to remain with the Company for up to two years to assist with the transition to new ownership.
Listing Info
ID
2367756
Listing Views
234
Attached DocumentsAttachment Disclaimer

Teaser_v_1_Site_Development_Contractor_with_Underground_Utility_Capabilities_BN000061168.pdf


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Business Listed by: Sean Fechtmann Benchmark International

Listing ID: 2367756 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.