Highway Paving Company, $1.7M EBITDA

Texas
Highway Paving Company
Asking Price:$10,000,000
Gross Revenue:$30,649,020
EBITDA:$1,760,193
Established Year:1998
Cash Flow:$1,760,193
Inventory:$175,000
FF&E:$5,100,000
BUSINESS DESCRIPTION

An established Highway construction company specializing in more of the preventative maintenance aspects of construction and asphalt.
Having made it through the extreme challenges of COVID-19 with growing revenues and profits, this opportunity offers an excellent opportunity for new ownership. 2024 EBITDA is tracking for $2.5M as thru May 2024.
This company does all things except concrete pavement and bridges. They do have experience and have done those in the past, but they specialize more in the chip seal application, hot mix paving restabilization with lime, and cement base application and small structure work.

KEY FEATURES:

• Services focused on preventative maintenance aspects of construction and asphalt.
• Specializes more in the chip seal application, hot mix paving restabilization with lime, and cement base application and small structure work.
• Formed in 1998. In the ensuing years this company has grown into one of the most widely respected names in highway construction.
• Excellent Staff in place with a history of getting jobs done on time and on budget.

Market Currently Served:
Currently serving clients in the State of Texas, USA.

email Gulfstream Mergers & Acquisitions for more information.


ATTACHED DOCUMENTS
GSM 600.pdf Download

DETAILED INFORMATION
Location
Texas
Inventory
Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
10 Acres Lot for equipment but most equipment is always on multiple job sites. Over $5 Million of equipment included in the sales price.
Competition
Vast expansive area of the state of Texas.
Support & Training
Seller will train. Other sellers will stay on in their roles
Reason for Selling
One seller wants to retire
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Jim
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Jim Kniffen