Please ensure Javascript is enabled for purposes of website accessibility Midwest Paving Company - Revenue $20mm | Transworld Business Advisors Indiana UA-80156832-1

Midwest Paving Company - Revenue $20mm

Listing Number: 3953-627354

Description

This Illinois union based paving company that has continued to persevere through economic downturns, shifts in technical applications of their service offerings and the evolving personnel relationships with local unions and client base. The company’s continued success is driven by strong management efficiencies put in place by the CEO and VP who have been with the company since inception. Discipline in pricing has given the company an average gross margin of 16%, nearly double the industry average. The company goes to market solely through the public bidding process and has a reputation for getting the job done well and on-time. The public market process allows the company to grow by word of mouth and reputation which results in little or no need for marketing.

Listing Details

  • Price: $ 7,500,000
  • Down Payment: --
  • Sellers Discretionary Earnings: $ 2,016,000
  • Total Sales: $ 21,948,000
  • Location: Illinois

  • Inventory: $ 0
  • FF&E: $ 5,740,000
  • Employees: 50
  • Reason for Selling: Retirement
  • Category: Construction
Midwest Paving Company - Revenue $20mm

Business Listed By:

Michael Berry
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