Referral-driven Waterworks Utility Contractor #1833

North Carolina
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Cash Flow:$2,300,025
Rent:$1,655
Gross Revenue:$32,768,292
Established Year:2008
BUSINESS DESCRIPTION

Record Backlog; High-growth Sunbelt Market

Listing Price: Market Value

Premier utility contractor specializing in the installation and maintenance of water, sanitary sewer, and storm drain utilities across the Carolinas. Its primary focus is on installing and maintaining these underground utilities in commercial and residential developments.

The seller is willing to stay onboard in a potentially significant role.

Strengths:
- Strong Financial Performance
- Record Backlog
- High-Growth Market & Industry
- Large Recurring Customer Base
- Efficient Operations
- Experienced & Tenured Staff
- Abundant Growth Opportunities

Growth Opportunities:
- Implement new software for quotes, project management, and payroll
- Increase capacity to take on more work. Currently turning away business
- Bolster the marketing effort with a new website and new hire in sales role
- Pursue municipal and federal contracts
- Expand to nearby geographic markets


DETAILED INFORMATION
Location
North Carolina
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
31/12/2024
Employees
114
Growth & Expansion
Plenty of opportunities for growth and expansion.
Support & Training
Seller willing to stay onboard in a potentially significant role.
Reason for Selling
Retirement.
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Kevin
Carlisle
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Kevin Carlisle