Construction Business Specializing in Government Civil Projects
Off-MarketPhoenix, AZ
Construction Business Specializing In Government Civil Engineering Projects
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$12,000,000
$1,200,000
10.0%
1980
30+ Days
Customers
The business specializes exclusively in government and quasi-government civil engineering work, excluding buildings and architectural projects.
Customer Acquisition
Bidding on government projects.
Team
Key personnel include a lead superintendent on the Mesa concrete crew with 38 years of tenure, a maintenance shop manager with 27 years, a field superintendent with 13-14 years, and an office manager with 23 years. The concrete crew averages approximately 15 years of tenure, and the company sends 11 to 15 field workers out daily.
Owner's Role
Owner oversees and manages all aspects of the business but does not perform daily operations. Weekly management meetings are held for scheduling and job progress tracking, and the business can operate independently.
Reason for Selling
The owner started his original construction business at age 19 and is now 70 years old, seeking retirement.
Contracts
Yes, the company holds multiple Job Order Contracts (JOCs) that run three to five years and can be rebid multiple times.
Real Estate
The facility includes two office buildings, a maintenance shop, and is fully fenced and asphalted on 2.25 acres. It is valued at $3.5 million, but the owner is not looking to sell the property and wants to lease it.
When Are You Looking to Sell
Within the next 3-6 months
Licenses Required
Yes, owner holds three licenses: A1 engineering, C1, and B, allowing them to work on commercial buildings, roads, and residential projects
Additional Notes
Owner purchased an aggregate pit last January, consisting of 24 acres leased from the BLM with a 10-year lease and nine years remaining. The aggregate pit generated $7.6 million in sales last year, with a net margin of approximately $3.2 million. The company has a sole-source agreement with a major solar company to supply all aggregate for a 50,000-acre solar field with projected purchases of $10 million this year. The owner is willing to sell the aggregate pit individually or as part of the overall business.
Business ID: 1459
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