Heavy Wet Utility & Site Construction Contractor

Texas

Seller Financing Available

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Asking Price:$10,000,000
Gross Revenue:$12,942,548
FF&E:$2,288,500
Cash Flow:$2,116,826
EBITDA:$2,116,826
Established Year:2007
BUSINESS DESCRIPTION

This well-established heavy wet utility and site construction contractor has served its booming market for more than 15 years, specializing in the construction and repair of essential infrastructure, such as water and sewer lines, pump stations and wastewater treatment facilities, to name a few. The company’s primary customer base includes municipalities and water supply corporations, which account for about 95% of its revenue. Many of these clients rely on the company’s services for ongoing infrastructure projects, while it has also developed a profitable niche providing emergency repair work. The company is known for its quick response time and high-quality execution, which further enhances client loyalty and strengthens long-term relationships.

The company operates with an experienced, loyal workforce of approximately 30 employees, many of whom have been with the company for at least a decade. A highly skilled and trusted field staff manages the day-to-day operations, ensuring efficient project management across multiple ongoing jobs.

The company is poised for significant growth under new ownership. Expansion opportunities include pursuing additional municipal contracts, leveraging existing TxDOT certifications to capture state transportation projects and enhancing emergency service offerings. But geographic expansion into neighboring regions and exploring larger private development contracts represent further avenues for growth. Although ownership is preparing for retirement, it remains committed to a seamless transition, offering full-time support for up to six months post-sale, and open to part-time consultancy beyond that term if necessary.

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DETAILED INFORMATION
Location
Texas
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Employees
30
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The company operates from a 5,000-square-foot facility situated on ?ve acres of land. The building is well-suited for the company’s operations, offering both of?ce space and asset storage. The property also includes a sizable yard, which is used to store and stage heavy equipment and materials. This outdoor space provides ample room for the company’s current operations, as well as potential for future expansion. Routine maintenance on equipment is performed in-house in the facility's bays, while major repairs are outsourced.
Competition
The company faces minimal competition in the majority of its projects, sometimes being the lone bidder. In many cases, clients reach out to the company directly, requesting that they submit a bid, which underscores their strong reputation in the industry
Growth & Expansion
The business has ample opportunities for growth, depending on new ownership's preference. The owner believes adding more of a focus on private development projects is the most logical, attainable and lucrative path, but there are several other viable opportunities, including geographic expansion, maintenance and service offerings, and TxDOT projects.
Financing
The seller will consider financing up to 20% for a qualified buyer and a full-price o
Support & Training
The owner is open to remaining in a full-time capacity for up to six months post-closing, ad will consider a longer term on a contract basis if necessary.
Reason for Selling
Retirement
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Jeremy
Furtick
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Jeremy Furtick