NOT DISCLOSED, North Carolina
| Asking Price |
$0 |
Year Established |
2013 |
|
| Annual Revenue |
$7,706,836 |
Reason for Selling |
retirement |
|
| Annual P/L |
$0 |
Attention |
A.J. Ramsey |
|
| Annual Cash Flow |
$1,271,880 |
Listing Number |
987967 |
|
| # of Employees |
26 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
This thriving North Carolina business specializes in comprehensive construction site services for residential subdivision developments ranging from 10 to 200 lots. Established in 2013, the company has consistently increased production year over year, capitalizing on North Carolina's status as one of the fastest-growing states in the nation.
As a full-service site preparation contractor, the company offers:
• General earthwork and grading
• Land clearing and storm drainage
• Utility installation
• Road construction
Their commitment to quality craftsmanship, reliability, and strong industry relationships has established them as the preferred contractor for major developers in the region. Remarkably, the company maintains full project capacity without active marketing, a testament to its outstanding reputation and repeat business.
The business is financially well-capitalized, equipped with a modern fleet of well-maintained equipment valued at nearly $3.3 million. The owner and management team possess the necessary building contractor licenses, ensuring continued compliance and seamless operations. Additionally, the company’s experienced office staff, superintendents, and field crews have a strong track record of longevity and are expected to stay post-sale, ensuring continuity and stability for the new owner.
The owner, who is over 62 years old and approaching retirement, is seeking to transition ownership but is willing to remain for up to a year to support the new owner with client and operational transitions. He sees significant growth potential for the business, estimating a 50%+ expansion within two years under proactive management and improved marketing strategies.
The business provides:
• Established presence in a high-growth region
• Loyal client base with repeat business
• Full-service capabilities with experienced staff
• Strong financial standing with valuable equipment assets
• Clear growth potential with minimal marketing efforts required
This is an exceptional opportunity for a strategic buyer seeking a well-established, highly reputable business with firm financial footing and ample room for expansion.
Please submit an indication of interest (IOI) in this opportunity by April 9, 2025. An IOI template can be provided upon request.
Property Features and Assets:
<p>FF&E Overview: Primarily site prep vehicles and equipment<br><br>FF&E General Condition: Well maintained and refreshed<br></p>
Market Competition and Expansion:
<p>While there are competitors, the business enjoys a good reputation and is effective at successfully competing in the local market. It shows consistent year-over-year growth with no proactive marketing or business development.<br></p><p><br></p><p>The business has substantial growth potential, driven by high demand for its services—so much so that it frequently turns down work.<br><br>Currently, the company operates without a website and does not actively market itself or pursue new projects. Its service area remains geographically limited, and its focus is primarily on residential development, leaving untapped opportunities in commercial and municipal projects.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity