17-Year Underground Utility & Boring Contractor - Business for Sale
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Underground Utility & Boring Contractor in Smith County, TX
TX, US
Added today
Underground Utility & Boring Contractor
17 years in business
Retiring Owner
Underground utility and boring contractor in Smith County, TX providing excavation, water, sewer, storm utility installation, horizontal directional boring, and underground fire protection services to commercial, municipal, healthcare, education, and residential clients across East Texas.
Key Information
Asking
$4.9M
Revenue
$7.0M
Earnings
$1.1M
Multiple
4.5x
Key Highlights
- Owned equipment appraised at $2,070,000 is included in the sale price
- Signed backlog of approximately $2,000,000 across 14 in-progress and awarded projects transfers at close
- 17 years in operation
- 21 employees, including a general superintendent, five superintendents, and an office manager
- Customer base includes healthcare, education, municipal, residential development, and commercial/industrial sectors, with 26 customers on the current project log and no single customer above 20% of contract value
- State Fire Marshal underground fire main registration (SCR-U) with active RME-Underground license
- Office, shop, and yard available under long-term lease
- Seller financing available to qualified buyers
- Owner retiring; structured transition support available
Contact Info
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