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Heavy Civil Contracting Company

Maricopa County, AZ
Asking Price:$21,050,316
Gross Revenue:$38,191,078
Established Year:2013
Cash Flow:$6,186,261
Rent:$5,532/Month
Listing ID: 2290586Listing provided by BizBuySell
BUSINESS DESCRIPTION

Wet and dry utilities, site electric, area, and streetlighting

Company self performs wet utility, dry utility, site electric, area lighting, and street lighting installation. The client list is robust, with many long term, repeat customers focused on single family, multi-family, mixed use, and commercial land development. Company has bonding capacity and can pivot into the public market if necessary. 15+ crews in the field, with extremely low employee turnover. More complete crews available to hire through Company's employee network.

Financials are based on trailing 12 month as of 08/31/2024.

DETAILED INFORMATION
Location
Maricopa County, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,900
Lease Expiration
31/05/2027
Employees
90
Facilities
Office is leased through May of 2027 at below market rate. All office furniture, computer, etc. are included in sale price. All yellow iron, light duty vehicles, small tools, trailers, etc. included in sale price.
Competition
Clients are publicly traded, nationally known businesses. Their economic outlook and required construction to meet demand has development planned to end of 2027. Company works very closely with directors to provide budget outlooks and financial planning for future development, so there is insight gained as to where the markets are going in Arizona. Demand in residential and commercial remains robust.
Growth & Expansion
Company is currently 1 of the 3 largest utility contractors in the state of Arizona. Growth expansion can come from adding additional management and field crews, or bringing subcontracted work in-house to expand offers and increase margins.
Support & Training
Owners will stay on as long as requested to work full time, part time, or as needed consultants.
Reason for Selling
Owners would like to retire in the next 3 to 5 years.
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Business Listed By:
Not Disclosed
Listed By: Not Disclosed