Business Description

This Civil Contracting Firm specializes in excavation, utilities, and infrastructure projects, with a focus on roads and school districts in Virginia, West Virginia, and Kentucky. With $21 million in work-in-progress, the firm serves a diverse client base, including municipalities, state government, schools, and commercial clients. The owner, who started the firm over 50 years ago, is looking to sell due to age and is willing to stay on for a transition period of 1-2 years post-sale. The company boasts a team of over 120 employees, including senior vice presidents, superintendents, office managers, and laborers. The purchase price of $19.25 million includes assets valued at over $14 million, securing a bank loan. The business offers a range of construction and transportation equipment, office resources, software, and working capital. Despite the option to sell assets separately for potential profit, the owner is committed to selling the business as a whole to preserve jobs and carry on the