One-Stop Excavation, Concrete, Site Preparation Company for Sale!

, Texas 5 views 0 favorites

Financial Highlights
Asking Price
$17,985,000
Revenue
$22,000,000
Business Description

This very successful company is a one-stop Excavation, Ready Mix Concrete, Trucking and Site Preparation business that serves Commercial and Municipal clients in the Southern DFW/Ft. Worth Metroplex area! In 2021 the total revenue was $22,000,000, with 2021 EBITDA of $3.4 million! The Owner is looking to sell in order to pursue other business interests. This would be a GREAT stand alone platform for anyone wanting to build a presence in the booming DFW Market, or an ideal add-on acquisition opportunity for a strategic player looking to expand geographically or add well-managed service lines! This company does it all! This is a successful commercial and residential excavation business which provides services for municipalities, commercial and residential construction such as: Pad sites, hauling rock and sand, laying foundations, completing streets, utility installation, commercial and residential demolitions, commercial concrete construction services, parking lots, cement/lime stabilization and heavy hauling. This Company is customer focused through quality and excellence providing a multitude of dependable services. There has been a Valuation performed on the Equipment at $10.5M. The Real Estate Appraisal came in at $3.8M. The Real Estate can be leased or purchased in addition to the asking price of the Business. Currently there is over $20M in Contracted future work and $8 million in Committed future work, this is a FANTASTIC opportunity for the next Owner!! Location: Ennis, Texas Year Established: 2002 Number of Employees: 55 Real Estate: Owned Building Sq. Ft.: 15,000 Facilities: There are three locations with 2 mobile ready mix plants. The main location includes several acres for equipment that can be purchased in addition to the business or leased from the current Owner. Market Outlook/ Competition: This Company outshines the competition because they are turn-key. There's no other company in the area that can do excavation, has the concrete in house and owns their own trucks. They don't have to wait for the concrete because they have an on-site ready mix plant and they have the trucks to haul the material to the job site. Because of these factors, they get almost any job they want. They have a great client list of the top Commercial and Municipal customers in the area! They don't advertise. That would be an area of growth opportunity. They also don't pursue Government work but could easily go after TX-DOT work. Growth & Expansion: TX-DOT work, some marketing/advertising and expanding the geographical footprint are the three areas for tremendous growth potential for this company.

Business Details
Industry:
Automotive & Boat
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 1 week ago

Views: 5

Favorites: 0