Description

Confidential Commercial Concrete Construction Company – 49 Years – Central Maryland

This long-established commercial concrete contractor has delivered exceptional results for nearly five decades across the central Maryland region. The company is known for high-quality workmanship, reliable schedules, and competitive pricing, with deep relationships among general contractors, institutional owners, and government agencies. Scope includes structural concrete, slab on grade/deck, and full site concrete for commercial, institutional, and public projects.

Highlights

• Track record: 49 years of continuous operation; repeat and referral business with diversified clients and contract types (negotiated, CM-at-risk, public hard bids, and direct private/government). No single customer typically exceeds 10% of revenue outside of occasional large awards.
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• Project profile: Typical “sweet spot” school and institutional projects in the $2–3M range; demonstrated capability up to $7–10M on marquee assignments.
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• People & operations: ~60 experienced employees with 10–15 year average tenure; strong field management, estimating, and safety. Owned equipment valued at ~$750,000 supports efficient self-perform operations.
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• Financials & backlog: Current backlog approx. $8M. 2025 management projection: $12M revenue with $2.1M adjusted EBITDA (predictable pipeline with ability to add one awarded school to increase backlog by $2–3M). Asking Price: $3,500,000.
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• Compliance edge: Proven performance on projects requiring certified payroll, background checks, access control, and related security protocols—work many competitors avoid.
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Growth Opportunities

• Expand negotiated private work to enhance margins without heavy overhead increases.
   

• Open satellite presence to extend geographic reach beyond the current core footprint.
   

• Add complementary services/market sectors to broaden capabilities and smooth cycles.
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Transition
Ownership will provide a structured transition and is open to a flexible arrangement to support new leadership and continuity of key relationships. Detailed financials, customer lists, and project references will be shared with qualified buyers upon NDA and proof of funds