Erosion Control Business

Asking Price:

$10,000,000

Financial Overview

Revenue:
$15,000,000
Income:
$2,619,542
Multiple:
3.85X

Business Description

For sale is a successful East Coast company that specializes in erosion control along highways, in energy markets, and for heavy commercial projects. This company has provided 13 years of top-tier quality service and gained a reputation for excellence. It is among the industry-leading experts in the state.

This company employs highly certified installers who are daily sent into teams across three states; yet the owner typically only puts in a 20-30/hour work week to run this multimillion-dollar business. The middle-management team runs the company full-time and are committed to excellence. They are more than capable of meeting and exceeding industry standards and completing projects under the owner’s direction.

Growth has been consistent and steadily climbing with a 25% increase each year over the last five years; the owner and staff have stayed on track and continued to be diverse.

This is partially SBA-eligible as there is a $5M cap.

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