Road Contractor and Drilling & Blasting Company with Strong Recurring Revenue and Backlog
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Financial Details
- Annual Revenue:
- $20,742,000
- Cash Flow / SDE:
- $3,113,000
- Profit Metric:
- Cash Flow
- Location:
- US
- Source:
- Date:
- September 15, 2025
Key Highlights
Strong recurring revenue base with 90% of 2023 revenue from returning customers.
Significant backlog of $11.2 million in remaining contract revenue with $1.2 million gross profit.
Exceptional growth demonstrated by a 73.4% CAGR in adjusted EBITDA from 2020-2023.
Description
This is a family-owned road contractor and contract drilling & blasting company offering site development services including earthwork, grading, material relocation, and roadway construction. The business benefits from a high customer retention rate (90% in 2023) and has a substantial backlog of $11.2 million in contracts. It has demonstrated significant growth, with adjusted EBITDA growing at a 73.4% CAGR from 2020-2023. The company reported $20,742,000 in sales and $3,113,000 in cash flow.
Industry Information
- Industry Description:
- Road Contractor and Drilling & Blasting Company
- Classification:
- Building & Construction
Real Estate & Lease
- Status:
- Not Specified
Listing Details
- Listing ID:
- 36f843bf-a9e9-4186-bd25-50a38593d287
- Deal Status:
- For Sale
- Date Posted:
- June 27, 2024
- Last Updated:
- September 15, 2025
- Currency:
- USD
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