Supplier of Materials Related to Site, Road, Bridge, & Utility Related Projects
No self-performed labor, production, or delivery!
For nearly 20 years, this bulk material supplier has been brokering products related to site work, road work, bridge work, and utility related projects. They source materials from national & local vendors, process submittals for review & approval, release materials & schedule delivery, process & track billings in a timely manner. With direct partnerships to their manufacturers, this business does not self-perform any labor, production, or delivery of products, but rather focuses on procuring and coordinating for their clients, who are mostly Commercial & Municipal job sites where prime contracts are working on utility and bridge installations. They focus on supplies including ductile/concrete pipe, precast storm drainage and utility structures, reinforcing steel products/rebar, cast iron manholes and inlet frames/covers, crushed stone, concrete, and asphalt. Since their services are focused on coordination, the business is able to keep a smaller team on staff of only 5 while producing over $20MM in gross revenue! The staff consists of 1 VP, 1 Administrative Officer, 1 Estimating Administrator, and 2 Administrative Specialists. The current owner handles the general team oversight and has offered a 1-year training period to ensure a smooth transition.
After building this business and operating in this industry for 20 years, the current owner is ready for a change of pace and is interested in exploring the next chapter of his life. New ownership can expect to step into a stable investment with three locations, including a primary location in Delaware and satellite locations in Georgia and Florida.
Priced at $4,875,000 this business has an established business operation with over $1.1M in assets and enough stability for a new owner to step in and continue operating the business as is for ongoing success and as a show of good faith, the current owner is willing to toll equity for 10% of the note PLUS hold a seller carry for 15%, which would be paid out based upon predetermined benchmarks. This opportunity also affords new owners enough flexibility to change things up and try out some new growth routes.
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Omaha, NE 68114
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