Established 25-Year General Contractor in Northern Florida

This is a well-established, 25-year-old general contracting business located in Northern Florida. The company excels in providing a comprehensive range of services including underground utilities, commercial site developments, and civil infrastructure projects such as excavations, earthmoving, demolitions, clearing, and concrete work. They also offer quality asphalt paving, roads, curbs, and sidewalks, backed by a one-year warranty on labor. The business has demonstrated impressive growth, with revenues soaring 170% to $23.5 million in 2023, and Adjusted EBITDA increasing by 190% to $10.4 million. The company enters 2024 with a substantial backlog exceeding $20 million, indicating continued growth. The client base is diverse with no single customer concentration, and while most work is commercial, the company is also approved for government projects. The sale includes prime facilities totaling 3,400 sq.ft. on 5.3 acres, featuring offices, storage, a yard, and over $6 million in construction equipment. The team consists of 100 long-term, nonunion employees who are expected to remain post-acquisition. The owner is willing to stay on to assist with the transition. This represents a strong opportunity in the civil construction sector.