Business Description

This established business, operating for over 20 years, specializes in heavy civil engineering contracting. With a strong reputation and valuable relationships, it boasts a significant backlog of work amounting to $22 million + 2/2024. The competent staff is well-equipped to manage the current workload and seize growth opportunities. The company operates from a centralized location that includes administrative offices and maintenance yards. The business is primed for expansion under a new owner, with possibilities for geographical growth and increased workforce to handle more contracts. Industry trends project substantial funding of $76.18 billion over the next few years across 11 states, providing a solid foundation for growth. Leveraging an EBITDA of 25%, the company can pursue industry growth while maintaining healthy profit margins through additional technical solutions and customer development. Included in the sale are assets such as equipment valued at approximately $13.5 million and real estate leased at a favorable rate of $10,000 NNN, with an option to purchase for $1