Heavy Wet Utility & Site Construction Contractor
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 |
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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