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- RE: General Contractor - Highway And Drainage
- Contact: Jeffrey Shelly
Quick Facts
Asking Price: | $695,000 | |
Annual Revenue: | $1,334,000 | |
Net Profit: | $255 | |
Cash Flow: | $436,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1982 | |
Employees: | 8 | |
BBN Listing #: | 552355091 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Started forty years ago, the General Contractor that specializes in highway and drainage construction work incorporated. Since then, it has become pre-qualified for a wide range of construction projects with the Pennsylvania Department of Transportation. This is a significant advantage when bidding and should transfer to the new owner. The original scope of work consisted of storm drainage, inlet, and manhole installations. During the next 20 years of working with PennDOT and numerous municipalities from Lancaster to Bucks Counties, the pre-qualification list expanded to include specialties such as site work, curb and sidewalk installation, asphalt paving and pre-stressed beam installation for bridges.
The Company completed many large and diverse projects over the past four decades, earning an outstanding reputation for expertise, quality, and service. Their commitment to, and unwavering pursuit of, integrity and professionalism, along with an excellent credit history, has built a substantial client list and prestigious reputation in the roadway construction industry.
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Property Features and Assets:
The Company Shop is a leased location in Phoenixville and could be moved to any where in, or around, Chester County. The Company has well-over a dozen construction assets needed to do the work that is required. A full list can be provided.
Market Competition and Expansion:
There is significant expansion opportunities given the Company's history, reputation, and location. Commercial and governmental roadway expansion occurs on a regular basis and should only increase given the federal government's current look at infrastructure projects and commercial expansion opportunities in the area.
Reason for Selling:
Seller will retire.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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