Logistics And Sourcing For Bulk Material In Delaware

Description

Infrastructure materials supply business for sale with operations in Delaware, Georgia and Florida.

The company has been operating for approximately 20 years and supplies materials used in municipal infrastructure, utility, road and bridge projects.

The asking price is $2,250,000.

Products supplied

• Ductile pipe
• Concrete pipe
• Precast storm drainage structures
• Precast utility structures
• Cast iron manholes
• Inlet frames and covers

The business works with more than 20 national manufacturers and vendors and supplies prime contractors performing municipal installation work.

Current team

• Vice President
• Controller
• Estimator
• Administrative specialist

The owner primarily oversees key employees and handles business development strategy.

The company operates from a primary Delaware location with satellite operations in Georgia and Florida.

Demand is tied in part to public infrastructure spending and municipal construction activity.

The owner is willing to remain with the business for up to one year after closing to assist with the transition.

Seller financing of up to approximately 10% of the purchase price may be available through a promissory note, subject to agreed terms.

The owner is selling after approximately 20 years in the industry and plans to pursue other interests.