Logistics And Sourcing For Bulk Material

Business Overview:

This business sources materials for infrastructure developments, utilities, roads, and bridges. They source materials from over 20+ national manufacturers and vendors. They offer their services for municipal job sites where Prime Contractors are performing utility and bridge installations, including ductile/concrete pipe, precast storm drainage & utility structures, cast iron manholes, and inlet frames/covers. With the thought of a “recession” looming, This company will be growing, as the newly passed Infrastructure Bill will directly impact this company’s revenue and shield them from economic downfall. The team includes 1 VP, 1 Controller, 1 Estimator, and 1 Administrative Specialists. The current owner oversees the team, meeting with key employees when needed, and provides business development strategies. As a show of good faith and vested interest in the ongoing success of the company, the current owner is willing to hold a promissory note for up to 10% of the total price. He is also happy to stay on board for 1 year post close to ensure a smooth transition. 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. 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. Priced at $2,650,000 this business has an established business operation and enough stability for a new owner to step in and continue operating the business as is. This opportunity also affords new owners enough flexibility to change things up and try out some new growth routes.

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Property Features and Assets:

Vehicles: $30,750 ➢ 1 Ford F-250, 1 Ford Box Truck and 1 ForkliftEquipment: $31,265**Low CapEx!!

Market Competition and Expansion:

With the thought of a “recession” looming, this company will be growing, as the newly passed Infrastructure Bill will directly impact this company’s revenue and shield them from economic downfall.

Reason for Selling:

The owner is ready to explore his next chapter.

Additional Details:

Documents:

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