Business Overview:
The March Group currently represents a well-established civil contractor specializing in site and road prep, excavation, underground utilities, road building and general heavy civil construction. Historically focused on large public works projects. The Company’s niche affords it a captive market; the Company is one of only several civil contractors in its geographic market, and one of the region’s only contractors with the ability to bond to $10 million. The Company holds a General Contractors license in the state of Alaska as well as HUBZone certification, which can provide great advantages in securing federal contracts. Holds DBE (disadvantaged business enterprise) and 8(a) status for obtaining federal contracts, though these classifications did not account for any revenue generated in 2007. As of fiscal year end December 31, 2007, the Company’s construction equipment held adjusted book value of $2.5 million. One the strength of its backlog and planned projects, the Company is expecting to return revenues of $10 million and EBITDA of more than $2 million in fiscal 2008. As one of the leading contractors in its market, the Company boasts a well-regarded name and industry associations earned over its successful operating history. Through acquisition, an investor would be well positioned in the market to more aggressively pursue contracts, including the planned pipeline project currently in negotiations.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The facility consists of five buildings situated on 4 acres of an available 20, all of which is available for sale along with the business.
Market Competition and Expansion:
Additional opportunities for growth include extended geographic reach, expanded service offerings, and increased efforts by the Company’s bidding department.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.