Heavy Civil Firm With Over 80 On Staff In Tulsa For Sale

Presenting a reputable, 20-year-old heavy civil company with
a 90-mile radius of Tulsa. Specializing on roadways, both
asphalt and concrete paving, drainage projects, utility
installations, and earthwork. The service mix is 75%
roadways and 25% underground utilities. Their client base
consists of municipalities and the Department of
Transportation (DOT), airports and parks with approximately
15% of their annual workload coming from private sector
clients. The business occupies 1.5 acres which includes two
buildings: a two-story office with storage space totaling 7,000
square feet and a large mechanic shop covering 7,500
square feet. The company boasts a team of over 80
employees with key leadership positions including an
operations manager, lead estimator, paving manager, survey
manager, maintenance/fleet manager, safety director, HR
manager, and Controller. The remaining staff consists of
infield. The current owner remains involved in the business
operations providing general oversight however he relies on
his Leadership Team to manage all day-to-day operations.
The seller has offered to stay with the business post-close for
1-2 years and in order to sweeten the deal, he has offered to
carry or roll equity of 10-15% of the purchase price.
Priced at $6,500,000, a 10% down payment of $650,000
returns $679,791 in the first year after debt payments, a
104% return on investment!