The Site Development Company is renowned for its integrity, exceptional value, and timely completion of projects. The company was envisioned to be a premier clearing and grading contractor, capitalizing on the burgeoning market near Charlotte, North Carolina. Starting modestly with just a shovel and a skid steer, the company has since expanded, now boasting a full team and a comprehensive suite of equipment. This growth has solidified the company's reputation as a dependable and well-recognized entity in the region.
The foundational principles of providing good value, standing behind their work, and ensuring timely project completion continue to be the bedrock of the company. With a workforce of 39 employees, the company is strategically positioned to leverage the expanding Charlotte market and sustain its influential presence in the construction industry.
The owner is considering various future paths, including a complete exit or a continued role focusing on areas of expertise such as business development, field operations, and support. This transition would ideally allow a potential partner or company to assume responsibility for sales, marketing, administrative and financial tasks, thereby facilitating continued growth and success.
The company has averaged $2.0M in EBITDA on $12M in sales over the past two years. Contracted work has the company locked in to over $20M in sales for 2024 with projected EBITDA of $4.3M. 2025 is tracking to be even stronger than 2024.
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