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Thread: Selling my Construction Business

  1. #1
    Join Date
    Dec 2009
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    Calgary
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    Default Selling my Construction Business

    Hi guys,

    I'm selling my construction business. Going to be moving down to Pittsburgh to be with my girlfriend and I won't be able to move it any farther than I have.

    Birds Eye View Deets:
    - All heavy construction (earthworks, underground utilities, underground tanks, etc.)
    - All publicly tendered projects (Defence Construction Canada, RCMP, Municipalities, etc.)
    - There is a bullet proof shareholders agreement, and two other partners. One wants to sell out along side me, and there is a drag along clause
    - Currently getting the business valued by a third party (MNP LLC), so there is no BS with regards to obfuscating the true value of the company
    - 4.8mm Rev '18/'19
    - 2.5mm Unfulfilled contracts this year (should be all complete by end October)
    - 5mm bonding facility
    - COR Certified. Nearly good to go w/ Avetta and ISNetworld
    - Excavators ranging in size from a 135 to 350, plus some support equip (loader, dozer, etc.). Some is capital leased, some is owned outright.
    - 5 Pickup trucks: 3x 3500s, 1x 1500, bunch of enclosed trailers, heavy equip attachments, etc.
    - All equip appraised by a third party

    I have mountains of information and documentation for the right buyer.

    This is a turnkey offering. Looking for someone who knows the business so they don't get themselves into trouble. I designed our bidding processes and office work flow from the ground up, so I will stick around to train whoever wants to take it over. Don't want to post anymore here than I already have. PM Me for details if you are serious, or know someone who would be serious.

    Also PS: I'm looking for a job in Pittsburgh if anyone happens to know someone

    *Edit.. I guess I should have posted this in maybe the Finance section but wasn't sure.
    Last edited by themack89; 06-02-2019 at 10:31 AM.
    On Sabbatical

  2. #2
    Join Date
    Oct 2004
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    Default

    Can't help much, but you might want to try posting on Albertaoutdoorsmen forum, if you haven't already. I haven't read it, but there is a thread there about someone looking for a business broker to sell their business. Heck, it might even be you ?? Good luck.

  3. #3
    Join Date
    May 2014
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    Calgary
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    Pt Cruiser
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    Default

    PM’d!

  4. #4
    Join Date
    Jul 2011
    Location
    Calgary, AB
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    Ford F150
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    Default

    @Buster might know someone who's interested
    I can eat more hot wings than you.

  5. #5
    Join Date
    Oct 2014
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    alberta
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    Default

    your missing the only thing that matters to people right now. Property taxes!!

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