Business For Sale Listing 139034
Land Development Contractor
Status as of Nov-19-2008 at 06:02 PM: Active
Business Summary
Our firm currently represents a well-established and highly profitable company specializing in land development for new construction (75% of revenue) and underground pipe repair and maintenance (25%). Continual growth in revenue and profitability with minimal advertising demonstrates the strength of its referral base - increasing at an average annual growth rate of 47% over the past three years from $2.57 million in 2003 to $5.56 million in 2005. Over the years, the company has developed a base of experienced and reliable subcontractors which follow the corporate philosophy of “do it right the first time” and in a timely manner. New land development consists of four primary areas: rough cutting of roads/grading, underground trenching for water/sewer/storm drain/telephone line installation, road surfacing, and sidewalk/curb/gutter installation. The company works directly with municipalities to perform pipe repair/maintenance. Completes land development contract work in large housing projects which includes the installation of utilities, and asphalt/concrete paving of roads and sidewalks. Growth opportunities include pursuing new business, adding locations, expanding commercial work and eliminating subcontracted work.
Categories
Industry
Location
Financials
| Sales: |
Between $5 Million And $10 Million ($5,500,000) |
| Profits: |
Between $500 Thousand and $1 Million ($673,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Not Disclosed |
