BC Heavy Civil Contractor for sale

Company

Offer & Highlights

Going concern heavy civil contractor in an area of significant and ongoing highway construction is offering its equipment assets, land & buildings, rail contract and gravel pit leases for sale. The company has been operating since 1993 and has a skilled, full-time staff of 18 experienced equipment operators and drivers.
Equipment $5,767,000
Land & Buildings $2,382,000
Processed rock & sand $350,000
Consumables (fuel, oil, parts, etc.) $140,000
Gravel pit leases To Be Discussed
Rail service contract To Be Discussed

The land & buildings may be purchased or leased.

One of the Company’s principals is willing to stay on for a minimum of 18 months to assist in the management and transition of operations. In addition, the principal’s son intends to remain with the company to support operational continuity and is willing to acquire a minority position in the Company if the buyer is amenable.

Company

Financials

The company has produced steady, strong revenue and EBITDA and is on track to have its best year in revenue and profit since its inception in 1993.

Revenue Adj. EBITDA Adj. EBITDA ratio
Jul 31 2022
3 Mos ended
$1,966,608 $905,454 46%
2022 $5,968,322 $2,280,290 38%
2021 $5,234,719 $1,730,760 33%
2020 $5,178,823 $1,228,208 24%

*Company’s fiscal year end is April 30.

BC Heavy Civil Contractor for sale

Equipment

62 pieces of heavy equipment including:

  • Gravel crushing plant
  • 5 loaders, 7 excavators, 2 dozers, 1 articulated dump truck, 1 grader
  • 6 dump trucks, 5 tractors, 2 water trucks, 1 dump truck/ plow truck
  • 8 gravel trailers, 1 lowbed trailer, 7 pickup trucks, 2 flat decks, 1 service truck
Key Highlights
$5.8 million in heavy equipment
$2.4 million land & buildings
2 productive gravel pit leases
Long-standing rail contract delivers 20-25% of revenue
Significant highway construction in region
Experienced, long-term operator
Located in the Southern Interior