Turnkey Construction Company

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Gross Revenue:$3,057,000
EBITDA:$625,000
BUSINESS DESCRIPTION

The Company is a turnkey construction company specializing in site work, excavation, and subsurface drainage.
Additionally, the Company provides concrete foundation, grubbing and clearing, and utilities installation services.

Key Aspects
• Revenue grew at a compound annual growth rate (CAGR) of 10.1% from 2021 through the trailing twelve months (TTM) ending August 31st, 2024.
• The Company is frequently selected as the sole provider for projects, due to an exceptional, multi-decade safety record and strong, long-standing connections with its vendor base.
• The Company has developed a reputation for delivering high-quality work with a steadfast commitment to completing projects on time.
• Approximately 60% of the Company's revenue is generated from a loyal base of recurring clients.

Opportunities
• Expand into subdivision and condominium development to diversify the portfolio, catering to different market segments including families, retirees, and young professionals.
• Analyze population growth, robust job markets, and underserved housing needs using real estate market trends to focus geographic expansion to regions with high demand for new construction.
• Capitalize on established networks with local businesses, government officials, and community leaders to facilitate bids, partnerships, and marketing efforts.
• Incorporate energy-efficient design elements to appeal to environmentally conscious buyers, reduce long-term operating costs, and align with emerging trends in eco-friendly construction.

Headquartered
• Southeast U.S.

Current Markets
• The Company caters to a broad commercial client base in the Southeast U.S. ranging from retail, hospitals and medical offices, churches, schools, and restaurants including many national brands.

Real Estate
• The Company operates from a 22,000 sq. ft. facility, complemented by a 560 sq. ft. office space located on the same property, which is held by ownership. Management indicates that the facility can either be included in the sale or leased to new ownership. Management notes the business is relocatable. The Company also utilizes 450 sq. ft. satellite office in the surrounding area.

Shareholder Objectives
• The Company is owned by two shareholders who are seeking retirement. Both shareholders are open to transition periods post-sale. Ownership is open to a variety of deal structures in order to facilitate a transaction.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Inventory
Not Included in asking price
Financing
**Financial Information is TTM from 8/31/2024**
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Kendall
Stafford
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Kendall Stafford