this profitable multi-faceted ready mix, aggregate, concrete products and general contracting company, is a one stop construction shop with no local competition. The synergies crated from manufacturing gravel and a concrete product in-house gives the company an extraordinary competitive edge, and creates the ability to handle large projects from beginning to end. The company provides complete excavation services, road building, subdivision development, water and sewer mainline installation, sewer system design and installation, retaining wall construction, and building site preparation. The ideal purchaser for this business is a strategic or synergistic company that can capitalize on the synergies and market segment. Though all key management personnel are in place, a purchaser would be required to replace current owner management. The price of the business excluding working capital but including all fixed assets valued at $2,300,000 and goodwill is $ 2,800,000 with an implied multiple of weighted ebitda of 4.9 times. The vendor is selling the operational balance sheet of the business which includes the normal required working capital of $ 400,000 which is included in the asking price of the business of $ 3,200,000. The price for the properties and gravel reserves across 140 acres is $ 4,900,000 for a combined total asking price of $ 8,100,000.
