The franchising program is offered by MergersUK Limited, a UK Company with its registered office at 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
MergersCorp M&A International provides strategic business advisory services, including preparing companies for growth and capital access. Through partnerships with licensed investment bankers, clients can access tailored capital-raising solutions.
U.S. Investment Banking Securities transactions are exclusively conducted by Spektrum Capital Advisors LLC, a Registered Representative of, and Securities Products offered through, BA Securities, LLC, a FINRA-registered broker-dealer. Check the background of investment professionals associated with this site on Broker Check.
This 25-year-old company located in Northern Florida specializes in underground utilities, commercial site developments, and civil infrastructures such as excavations, earth, moving, demolitions, clearing, and concrete projects. Business also provides quality asphalt paving, roads, curbs, and sidewalks with a one-year warranty on labor.
Revenues increased 170% in 2023 to $23.5 Million as their Adjusted EBITDA grew 190% to $10.4 Million! The company is starting 2024 with a backlog of over $20 Million indicating the recent growth will be ongoing, while over the past four years business has experienced consistent evolution in both sales and profitability.
With a diverse client base holding no concentration of sales, most of the work is in the commercial market by choice, yet the company is approved to work on government projects as well.
Available for purchase, current workplace is a pairing of two prime facilities totaling 3,400-sq.ft. situated over 5.3 acres, that feature office rooms, a storage area for tools, plus an ample yard for vehicles and included construction equipment of over $6 Million!
There are 100 nonunion employees, many of which have been there long-term, who will most likely remain post-purchase as owner is willing to stay on after transition if that is the Buyer’s preference.
Basic Details
Target Price:
$24,000,000
Gross Revenue
$23,427,000
EBITDA
$10,575,000
Inventory
$980,000
Business ID:
L#20240670
Country
United States
Detail
Business ID:
L#20240670
Target Price:
$24,000,000
Gross Revenue:
$23,427,000
EBITDA:
$10,575,000
Target Price / Revenue:
1.02x
Target Price / EBITDA:
2.27x
FF&E:
$7,600,000 with $2,600,000 of new FF&E bought in 2022!
Inventory:
$980,000
Business Description:
100 Employees
Reason for Selling:
Approaching retirement and/or pursuing other interests
This 25-year-old company located in Northern Florida specializes in underground utilities, commercial site developments, and civil infrastructures such as excavations, earth, moving, demolitions, clearing, and concrete projects. Business also provides quality asphalt paving, roads, curbs, and sidewalks with a one-year warranty on labor.
Revenues increased 170% in 2023 to $23.5 Million as their Adjusted EBITDA grew 190% to $10.4 Million! The company is starting 2024 with a backlog of over $20 Million indicating the recent growth will be ongoing, while over the past four years business has experienced consistent evolution in both sales and profitability.
With a diverse client base holding no concentration of sales, most of the work is in the commercial market by choice, yet the company is approved to work on government projects as well.
Available for purchase, current workplace is a pairing of two prime facilities totaling 3,400-sq.ft. situated over 5.3 acres, that feature office rooms, a storage area for tools, plus an ample yard for vehicles and included construction equipment of over $6 Million!
There are 100 nonunion employees, many of which have been there long-term, who will most likely remain post-purchase as owner is willing to stay on after transition if that is the Buyer’s preference.
Description
This 25-year-old company located in Northern Florida specializes in underground utilities, commercial site developments, and civil infrastructures such as excavations, earth, moving, demolitions, clearing, and concrete projects. Business also provides quality asphalt paving, roads, curbs, and sidewalks with a one-year warranty on labor.
Revenues increased 170% in 2023 to $23.5 Million as their Adjusted EBITDA grew 190% to $10.4 Million! The company is starting 2024 with a backlog of over $20 Million indicating the recent growth will be ongoing, while over the past four years business has experienced consistent evolution in both sales and profitability.
With a diverse client base holding no concentration of sales, most of the work is in the commercial market by choice, yet the company is approved to work on government projects as well.
Available for purchase, current workplace is a pairing of two prime facilities totaling 3,400-sq.ft. situated over 5.3 acres, that feature office rooms, a storage area for tools, plus an ample yard for vehicles and included construction equipment of over $6 Million!
There are 100 nonunion employees, many of which have been there long-term, who will most likely remain post-purchase as owner is willing to stay on after transition if that is the Buyer’s preference.
Basic Details
Target Price:
$24,000,000
Gross Revenue
$23,427,000
EBITDA
$10,575,000
Inventory
$980,000
Business ID:
L#20240670
Country
United States
Detail
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