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Specialized Trucking, Civil & Mining Support
Location: United States -> Michigan
Industry: Business Services > Construction




Business Summary

This Michigan based company offers services in trucking, mining, site management, and much more! Over twenty million in assets include heavy-haul tractors and trailers, heavy earth moving equipment, vehicles, mechanical equipment, tools, as well as office equipment, furniture, and fixtures. Careful consideration for the acquisition of assets has allowed this company to manage their risk in a responsible and forward-thinking manner. Growth has been purposeful, and services have gradually expanded in scope to include specialized heavy hauling, heavy civil, land development, industrial reclamation, construction materials, and construction site support services. Customers include government agencies, municipalities, as well as privately owned industrial, energy, and mining companies. Operations are primarily completed in Northern Michigan, but growth could be found in expanding the existing territory.

A team of 145 work together to achieve the mission of this transportation and construction company. In addition to the owners, the leadership team of twelve includes a general manager, six project managers, a CPA, an HR manager, a purchasing manager, a maintenance manager, and a safety director. Twelve administrative staff support daily office operations while in the field, non-union mechanics and laborers as well as union drivers and operators round out the team. The owners currently work full-time in the business with one managing financial oversight while the other owner has assumed the role of CEO. They are offering an extended transition period to ensure seamless and successful operations.


Financials

Asking Price Range:  $10.0M - $20.0M
Gross Revenues:   $25,253,740
Cash Flow:   $3,986,443
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $20,000,000
Seller Financing:  Yes

About The Business

Year Established:  2000
Number of Employees:  100 - 200
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned

About The Sale

Management Training and Support:  12-24 months
Reason For Selling:  Strategic exit planning




Print Listing Id: 700343036
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Also See: Franchise Opportunities > Franchise Resales > Michigan Businesses For Sale > Michigan Franchises For Sale > Michigan Business Brokers



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