Established Civil Contracting Firm - Excavation, Utilities (Virginia, West Virginia, Kentucky)
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Asking Price
$19,250,000
Detailed Information
Evansville, IN (Vanderburgh County)
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
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