Industrial Contractor - Specializing in Govt. Projects Southern Oklahoma
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Asking Price
$5,495,000
Detailed Information
Southwest OK, Oklahoma, US
Not Provided
NA
Business Description
This heavy construction contractor, based in Southern Oklahoma, specializes in industrial services for government construction projects like bridge repairs and highway roadwork for the Departments of Transportation in Oklahoma and Texas. They offer a range of services including earthwork, foundations, grading, pavement, and design consultation. The company had revenues of $22.2 million in 2023, with projected revenues exceeding $20 million in 2024. The business operates from a 21,400-square-foot facility with space for clerical work, workshops, and storage. A third-party appraisal valued their equipment at $5.5 million. The seller is open to selling the property along with the business at its appraised value, or negotiating a monthly tenancy rate of $10,000. With over 20 years of experience, the company has a team of 35 skilled nonunion employees managed by an established leadership team who are committed to maintaining the business's strong reputation post-sale. Buyers have the opportunity to acquire a well-established