Market-Leading Site Development Business for Sale in Florida #1863

Florida
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Asking Price:$65,000,000
EBITDA:$19,015,000
Gross Revenue:$84,060,000
BUSINESS DESCRIPTION

TTM: Oct 2023 – Sep 2024 Revenue: $84,060,000
TTM: Oct 2023 – Sep 2024 Adjusted EBITDA: $19,015,000
Jul 2024 – Sep 2024 Revenue: $27,600,000
Jul 2024 – Sep 2024 Adjusted EBITDA: $7,905,000
Jul 2023 – Jun 2024 Revenue: $75,175,000
Jul 2023 – Jun 2024 Adjusted EBITDA: $13,970,000

Listing Price: $65,000,000
Location: Florida

OVERVIEW
• This market-leading site development business presents a profound opportunity for strategic buyers and private equity groups to acquire a business positioned for exponential growth within their market and industry.
• Services provided include excavation and earthwork, land clearing, grading, underground utilities, water management, roadwork, flat work concrete, and more.
• The business serves a variety of industry-leading developers including national and regional home builders, multi-family developers, and commercial general contractors.
• The business has strategically developed its workforce, from the field crews to upper-level management, to position themselves to accommodate the year-over-year growth the business has experienced and expects to continue.
• From an asset perspective, the business is well-equipped to excel in all scopes of work due to its premier fleet of machinery and equipment including excavators, dozers, loaders, skid steers, graders, and more. All fixed assets are included in the sale of the business.
• The facility in which the Business is headquartered is offered for lease or sale as part of the business transaction, and a fair market lease rate has been deducted from the EBITDA figures above.
• For the right prospective group, ownership is interested in a portion of the transaction to include creative financing structures such as rollover equity.


DETAILED INFORMATION
Location
Florida
Inventory
Not Included in asking price
Real Estate
Owned
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Larry
Lawson
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Larry Lawson