Business Description

With over 20 years of experience, this specialty contracting business in the heavy civil engineering sector has established strong relationships with general contractors and amassed a backlog of work worth $22 million extending into 2024. The company's well-trained staff and efficient operations are poised to propel the business to new heights, offering growth opportunities through geographical expansion and increased headcount to handle incoming contracts. With industry projections indicating substantial appropriations and long-term funding certainty, the company is positioned for an estimated 8% industry growth, balancing growth potential with a solid EBITDA of 25%. Included in the sale are assets valued at approximately $13.5 million, with all equipment in good working order. The business operates from a single location, offering the opportunity for expansion or purchase of the real estate at a reasonable rate of $10,000 NNN or $1.5 million respectively. Given the nature of the contracts across multiple states, financing arrangements are to be determined through a stock sale, aligning with the business