Total of 18659 firms and businesses for sale today Saturday 4th May 2024
Sold. Growing/profitable Underground Utility Contractor
LISTING DETAILS
Firms For Sale ID:
26765
Vendor reference:
3324
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
Undisclosed
Turnover / revenue:
$5,000,000
Net profit / cashflow:
$950,000
Years established:
2004
Number of employees:
33
OTHER DETAILS
Reason for selling:
Pursue other interests and provide for growth capital
Support and training:
The principal is available to remain with new management to facilitate a smooth ownership transition.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
This business for sale is a well-regarded, non-union underground utility construction contractor focused on both new construction (80 percent of sales) and rehabilitation projects (20 percent). The Company’s extensive capabilities encompass, but are not limited to, water mains, sewers, storm drainage, conduit/duct banks, and maintenance services. The Company works in diverse markets, including commercial, industrial, and commercial projects. Management is confident that the Company is well positioned to leverage its well-earned reputation and comprehensive capabilities to pursue growth beyond the projections presented herein. Immediate growth avenues include increased business development efforts, geographic expansion and pursuit of larger projects, given expanded staffing and equipment capabilities. Fiscal 2012 sales are forecast to reach $5.35 million with corresponding EBITDA of $815,875.