This established company is a premier commercial subcontractor specializing in the installation of large-scale hardscape and unit paving systems throughout the Mid-Atlantic region. The business operates within a competitive bid environment, consistently evaluating a high volume of annual bids. Built for institutional-scale work, the company boasts a robust operational framework, utilizing multiple experienced field crews to seamlessly execute high-profile and complex projects.
- Asking Price:
- $7,750,000 Furniture / Fixtures included
- Sales Revenue:
- $12,409,689
- Cash Flow:
- $1,712,046
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The business operates from a strategically located, centralized headquarters comprising approximately 7,000 rentable square feet. The facility is properly zoned for both general office and warehouse use. It is currently leased from an independent, third-party commercial landlord under a standard, arm's-length triple-net (NNN) agreement.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
The company possesses a highly scalable operational foundation that can support aggressive organic growth or serve as a platform for industry consolidation. Key growth vectors include:
Green Infrastructure: Capitalizing on surging regulatory demand for sustainable site development and permeable systems.
Geographic Expansion: Establishing satellite offices in adjacent, high-demand markets to reduce travel overhead and optimize local labor costs.
Pipeline Capture: Leveraging an already massive annual bid pipeline by implementing aggressive pricing strategies or expanding estimating headcount to capture a larger market share.
Strategic M&A: Utilizing the company's modernized, cloud-based technological infrastructure to acquire and absorb smaller regional competitors.
- Competition / Market:
-
While the broader paving and specialty trade industry is highly fragmented, this company operates at an elite institutional scale, allowing it to successfully compete for tier-one commercial contracts. The business is heavily insulated against two major industry headwinds: supply chain volatility and labor shortages. It secures guaranteed material availability through decades-long alliances with major suppliers and mitigates labor risks by maintaining exceptional workforce retention and stability.
- Reasons for selling:
-
Retirement of Majority Shareholder.
- Trading hours:
-
Monday-Friday 8am-5pm
- Employees:
- 55 FT 2 PT
- Years established:
- 35
Other Information
- Support & training:
-
Will train for 6 weeks @ $0 cost.
- Furniture / Fixtures value:
- $859,558 - included in the asking price
- Relocatable:
- This business can be relocated
