Description

A turn-key concrete contractor providing flatwork, tilt-up construction, foundations, and exterior paving. The company has been working in the concrete space for over 30 years and has developed long-term relationships with leading contractors.

Key Aspects
· $10.3M backlog as of September 30, 2016
· Succession plan in place, with seasoned management team to run the day-to-day operations
· Places several million square feet of concrete floors and tilt wall panels annually
· Long-term relationships with leading contractors, resulting in significant repeat business
· Specialize in large-scale, heavy industrial and commercial projects

Opportunities
· Form a dedicated sales team to actively seek out and engage prospective customers
· Expand geographic reach to increase market share and acquire additional customers
· Bolt-on for complementary construction service provider

Market Currently Served
Commercial, military, and heavy industrial entities located throughout the Carolinas

Real Estate
The company operates out of a 20,000 square foot facility with ample room for expansion. The company leases the building from a related party and the real estate can be included in the sale.

Shareholder/ Owner Objectives
The owner is exploring his exit options and open to various deal structures. Management oversees the day-to-day operations, but the owner is available for a transition period if needed.

Posted Nov 22, 2016

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