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

Features & Tags

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