Established family-owned construction business in Charlotte.
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Asking Price
$11,000,000
Detailed Information
Charlotte,North Carolina, US
Not Provided
NA
Business Description
This family-owned construction business, established in 2006, has thrived under the leadership of the founder and his son, who purchased the company in 2019. They have cultivated a strong team, enabling the business to operate independently. By acquiring a competitor in 2022, the company unified operations to strengthen its presence in the Charlotte market, leading to increased revenue and profit. With projected growth exceeding $22M in revenue for 2023, the company remains on a trajectory of success, supported by a robust pipeline of trusted projects. The company's strategic acquisition has resulted in a combined entity with enhanced margins, a wealth of talent, and a reputable brand in the local construction industry. Having surpassed $19.3M in trailing twelve-month revenue and $2.6M in adjusted EBITDA, the business continues to deliver strong financial performance. With a focus on exclusive projects and long-standing client relationships, the company is poised for sustained growth and shows no signs of deceleration.