MDOT-Certified Concrete Construction Contractor

Not Disclosed, MI


Asking Price: Annual Revenue:
Not Disclosed $3,259,614

Services: Construction, Contractors


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RE: MDOT-Certified Concrete Construction Contractor Broker: Max Friar
Owner Financing is Available!
Limited Seller-Financing Available for Qualified Buyers.

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $3,259,614
Net Profit: Not Disclosed
Cash Flow: $706,716
Total Debt: Not Disclosed
FF&E: $2,161,042
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 15
BBN Listing #: 152845079
Broker Reference #: 118

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Business Overview:

Founded in the 1990s, the Company is a concrete construction contractor that specializes in paving, excavation, underground utilities, and site contract work projects.

The Company derives the majority of its revenue from concrete construction and a smaller portion from excavation, underground utilities, and site contract work. The typical customers of the Company are governmental entities, private organizations, and customers sourced through public bidding.

The Company is able to offer the same specialized services as larger conglomerates at a superior quality while additionally providing more personable transaction experiences. The Company differentiates itself from its competition by completing a majority of its projects with in-house labor rather than relying on outside services. The Company contributes to some of the most recognizable roads, cityscapes, and neighborhoods in its region.

The Company operates out of a facility owned by the same owners as the Business, under a separate entity. The building includes 770 square feet of office space and 3,500 square feet of warehouse space. The building is maintained regularly and is in excellent condition. The owners are open to selling or leasing the facilities to new ownership.
The Company is operated by two owners. Both owners are looking to retire. Current ownership is ready and willing to provide reasonable and ordinary transitionary assistance for new ownership.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found, please email us and request a PDF version.

Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you from the project manager.

IF YOU DO NOT RECEIVE A FOLLOW-UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL FIRST. If you do not see the email there, please email us for support. Thank you in advance!

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Property Features and Assets:

One building totals 4,270 square feet. The office area contains 770 square feet of space, and the warehouse contains 3,500 square feet of space.

Market Competition and Expansion:

Investment Highlights Include: (1) Established Reputation: Since its inception, the Company’s core focus has been on maintaining a reputation of reliable, high-quality service through consistently delivering projects on time and within budget. Due to its reputation of dependability and consistency, the Company continues to receive repeat business from customers. (2) Variety of Service Offerings: The Company is able to complete numerous projects outside of its core concrete construction focus. The Company’s wide range of capabilities and flexible approach allows it to act as a one-stop shop for customers. (3) Consistent Financial Performance: Since 2018, the Company’s revenue has remained stable between ~$2.7M and ~$3.4M. The Company has a proven track record of solid and consistent financial performance over its history of operations. (4) Long-Standing Customer Relationships: The Company has built relationships with some of the largest spenders in the Michigan concrete construction industry, including the Michigan Department of Transportation (MDOT). These customers require the highest quality and consistency in their work. The Company has been able to successfully navigate MDOT’s tight regulations and has established an efficient process to bid and complete government jobs. Growth Opportunities Include: (1) Penetrate New Markets: The Company currently focuses on governmental projects within its industry. A natural path to growth could be to expand further into commercial work. (2) Increase Sales Force: The Company’s current sales operations consist of the owners sourcing and bidding for opportunities as they arise through primarily government-related work. Because of this, the Company is limited to the projects the owners are able to bid on, among the owners completing other day-to-day tasks. To grow, the Company could look to hire additional sales personnel/estimators. (3) Expand Geography: The Company’s current geographic focus lies within a specific region. There is ample opportunity to expand upon the current geographic footprint. Additionally, government spending on road infrastructure in nearby locations is expected to increase significantly in the coming years.

Reason for Selling:

Ownership would like to retire.

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.

Relevant Links:

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