Vertically Integrated Asphalt, Paving & Excavating CompanyListing: #PAE00311
About this Business for sale in Mid-Atlantic StatesVertically Integrated Asphalt, Paving & Excavating Company
This respected, vertically-integrated asphalt and contracting Company has been serving a loyal client base in South Central Pennsylvania and North Central Maryland for over 80 years. The family has decided to exit the business, but family members who are key participants in the leadership team desire to continue with the Company through its next chapter. The Company prides itself on producing quality work on complex projects, maintaining relationships, and serving both client and employee needs. Unique to the industry, it provides Asphalt Manufacturing; Commercial, Residential, State and Government Paving; Commercial and Residential Excavation; Hauling; Utility Repair and Installation Services; Demolition; Stream Restoration; and Snow Removal.
Founded as a stone quarry, the Company has since grown into a series of synergistic business units and continues to innovate in all facets of industrial contracting. The entire team of professionals has adopted the philosophy of outperforming customer’s expectations and is dedicated to the highest quality of service and products leaving clients with impressive results. In all business practices, from estimating and project management, to hiring and marketing, the Company takes ownership of these values and seeks the highest standards.
This Company would be an attractive investment for a company in the contracting industry that wants to grow its market share or product and service portfolio, and retain a tenured, qualified workforce. It could be a fit for an investment buyer either as a platform company or an add-on acquisition. Finally, it could also be a fit for an individual or group of individuals from the industry that see the opportunity the business presents.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.