Established Civil Contracting Firm - Excavation, Utilities (Virginia, West Virginia, Kentucky)

Featured on BizBuySell.com . 32 viewed

Asking Price

$19,250,000

FOR SALE - ACTIVE

Detailed Information

Location

Evansville, IN (Vanderburgh County)

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BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This established Civil Contracting Firm specializes in excavation, utilities, and infrastructure projects primarily focused on roads and school districts across Virginia, West Virginia, and Kentucky. With an impressive team of 120+ staff members, including experienced senior vice presidents and superintendents, the company serves a diverse clientele that includes municipalities, state government, schools, and commercial entities. The owner, who started the firm over 50 years ago, is seeking a new owner due to age and is willing to assist with a smooth transition for 1-2 years post-sale. Offering assets valued at over $14 million, including construction equipment, office resources, and working capital, the business is priced at $19,250,000. With a solid reputation built over the decades, the firm has a strong $21 million work in progress portfolio. Despite the owner's potential for higher financial gain by selling assets individually, they are committed to selling the business as a whole to maintain job security for employees and preserve the company

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Listed By:

Name : Jared Olson

Phone Number : Show Phone number

Jared Olson typically replies in about 7 minutes

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