Hot Listing
Quality Bridge & Government Contractor with Property! (37965)
Business Description
Located in Southern Oklahoma, this heavy construction contractor offers industrial services for government construction projects, such as bridge repairs and highway roadwork for the OK & TX DoT’s (Departments of Transportation). The business specializes in various developments, from earthwork, foundations, grading and pavement to preliminary site planning. Other services include design consultation, slipform parapet rails, box culverts, wall retentions and utility projects. Revenues for 2024 were $18.8 million with an EBITDA of $3.25 million. The Company is projecting 2025 revenues to again exceed $20 million. A third-party appraisal in 2024 appraised the fair market value of the equipment to be $5.5 million. A 21,400 square foot facility includes about 5,000 sq. ft. of clerical room, 2,400 sq. ft. of workshop space, and a storage section of 14,000 sq. ft. The Seller prefers to sell the property with the business at the appraised value. A tenancy, however, can be negotiated at a rate of $10,000 monthly. Holding over two decades of experience in a family-operated business, skilled personnel of 35 nonunion and cross-trained employees with management teams in place agree to remain post-sale to uphold the great reputation of the business. An extended owner transition period of up to six months is available if desired.
About the Business
- Years in Operation
- 26
- Employees
- 35
- Facilities & Assets
- Property can be purchased separately.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 21,400
About the Sale
- Seller Motivation
- Approaching retirement.
- Transition Support
- Cross-trained personnel with management teams in place can remain for extended owner transitioning of up to 6 months if desired.
- Financing Options
- Standard SBA-term financing will be negotiable for qualified buyers.
Listing Info
- ID
- 2159116
- Listing Views
- 4104
Listing ID: 2159116 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleOklahoma Businesses for SaleOklahoma Building & Construction Service Businesses for SaleOklahoma Other Services Businesses for Sale