The company offers turnkey paving solutions by providing contracting, site development, and asphalt manufacturing in-house through 2 affiliate owned plant.

Key Aspects
· Operating for over 60 years; excellent reputation established
· Revenue expected to increase 20% by CY 2015
· Sales breakdown for CY 2014: 76% contracting services / 24% asphalt manufacturing
· Recognized for quality of work completed on I-95
· Recently secured two major contracts expected to generate $11.5m that will be earned over a three year period
· Manufactures DOT certified and non-DOT certified asphalt
· Utilizes industry-leading technology to promote cost-effective solutions
· Company has no long-term liabilities

· Form a dedicated sales and marketing team to obtain new clients
· Increase the number of biddings as the construction industry faces opportunities for growth
· Remain up-to-date with internet bidding as it is expected to become more prevalent in the industry

Potential Purchasers
· Highway, Street and Bridge Construction
· Commercial and Heavy Construction Contractors
· Industrial Building Construction
· Commercial and Institutional Building Construction
· Overseas Investors and Strategic Acquirers
· Private Equity Groups (PEG) and Investment Groups

· Southeast Florida (Palm Beach County)

Market Currently Served
· Clients include commercial contractors, municipal entities, and recreational and residential developers throughout Southeast Florida

Real Estate
· The company operates out of an affiliated-owned facility of approximately 37,304 sq. ft. The facility is included in the sale.

Shareholder/ Owner Objectives
· Single owner; looking to exit the company to pursue retirement. The owner is able to remain active on a consulting basis after the sale for an agreed transition period

Posted Jun 7, 2016

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.