High Net Charlotte NC Site Development Company Or Sale
Charlotte NC Site Development Company $5.5MM FFE Incl.
Charlotte, NC (Mecklenburg County)
Seller Financing Available if the price and deal structure is right.
Asking Price: Best Possible Offer
Cash Flow: $2,650,000
Gross Revenue: $17,000,000
EBITDA: $2,500,000
FF&E: $7,400,000
Inventory: N/A
Established: 2006
Employees: 40
Business Description
The Site Development Company is renowned for its integrity, exceptional value, and timely completion of projects. The company was envisioned to be a premier clearing and grading contractor, capitalizing on the burgeoning market near Charlotte, North Carolina. Starting modestly with just a shovel and a skid steer, the company has since expanded, now boasting a full team and a comprehensive suite of equipment. This growth has solidified the company’s reputation as a dependable and well-recognized entity in the region.
The foundational principles of providing good value, standing behind their work, and ensuring timely project completion continue to be the bedrock of the company. With a workforce of 39 employees, the company is strategically positioned to leverage the expanding Charlotte market and sustain its influential presence in the construction industry.
The owner is considering various future paths, including a complete exit or a continued role focusing on areas of expertise such as business development, field operations, and support. This transition would ideally allow a potential partner or company to assume responsibility for sales, marketing, administrative and financial tasks, thereby facilitating continued growth and success.
The company has averaged $2.0M in EBITDA on $12M in sales in 2022 and 2023 and hit nearly $17M in sales and $2.5M in EBITDA in 2024. Contracted work has the company on track to at least replicate 2024 in 2025.
NDA is required {SUBMIT BELOW} to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Agent: Greg Martin
