58-Year-Old Market Leading Site Contractor

Charleston, SC

Seller Financing Available

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Asking Price:$1,500,000
Gross Revenue:$2,174,146
EBITDA:$200,000
Real Estate:$1,100,000
Cash Flow:$200,000
Inventory:$10,000
FF&E:$1,600,000
Established Year:1965
BUSINESS DESCRIPTION

This company provides site work and construction services for residential and commercial applications including, but not limited to, subdivisions, marine construction services (sea walls and revetment stabilization), water and sewer repairs and installation and asphalt and concrete installations with all phases of roadway paving and concrete construction.
This company enjoys a sterling reputation with all local authorities with their drainage solutions, ability to perform complete site services (building slab down, storm drainage, water, sewer and soil stabilization with geosynthetics and pervious services). It is the intent of the current owners that this sterling reputation be passed on and enjoyed by the new owner of the company and to ensure that transition, the owners are committed to assisting in a transition plan.
The opportunities for a new owner are exciting with pipeline work approaching $3 million. Many municipalities contact the company for their ability to work in confined spaces and to process demolished materials with the company’s concrete crusher with the growing consciousness of reuse of construction products. In addition, the company can grow by dividing the company into a crushing and recycling division, an asphalt paving division, a concrete division and a utility division to include marine construction and soil reinforcement fabrics.


DETAILED INFORMATION
Location
Charleston, SC
Inventory
Included in asking price
Real Estate
Owned
Building SF
25,000
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The company’s centrally located facility is also available for sale for appraised value, estimated to be $1.1 million.
Competition
There are several competitors in the Charleston Region.
Growth & Expansion
Revenues have consistently been north of $2,000,000 for years.
Support & Training
The current owner will provide extensive support and training for six to twelve months on a negotiated basis.
Reason for Selling
Retirement
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Marc
Williams
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Marc Williams