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50-Year-Old Rail Construction Absentee-Owned Business For Sale

Harris County, Texas, US
Asking Price:
$2,700,000
Sales Revenue:
$3,500,000
Cash Flow:
$571,100

Business focuses primarily on new rail construction for industrial and commercial customers.  The business also includes rail inspection, and repair.  Main customers are in the petrochemical industry.  Business has significant growth opportunities in widening their geographic target area, and target work with the UP and BNSF railroad (which the current owner did not pursue). 

Owner is retiring and the current management who has been running the business for years wants to stay on for 2+ years.

Property Information

Real Estate:

Real Property Included

Premises Details:

Office, warehouse and workshop located on five acres of land.

Business Operation

Expansion Potential:

The business presents substantial growth opportunities and potential for expansion in the rail inspection, repair, and new construction sectors. A key area for growth lies in enhancing the company's online presence. By improving digital marketing strategies, the business can attract more bidding opportunities for new construction projects and increase visibility for maintenance services, leading to greater client engagement and project acquisition

Reasons for selling:

Retirement

Employees:
15

Other Information

Support & training:

2 Weeks

Furniture / Fixtures value:
$80,000
Inventory / Stock value:
$10,000