Construction - Heavy | Construction - Special Trades

Asking Price	$6,000,000	Inventory
Gross Income	$6,000,000	Real Estate
Cash Flow	$1,700,000	Year Established	N/A
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

Burley & Associates has been retained to identify an acquirer for a company headquartered in the Baltimore, MD metropolitan region. The Company is a strong performer within the heavy construction industry with a well-known brand and appreciable earnings. The Company is involved in three primary business lines: excavation, trucking and hauling, and pile driving and marine construction. Of these three, the Company focuses most heavily on the excavation part of the business with strong revenues also coming from the trucking/hauling division. The Company has been a strong financial performer. The firm has generated consistently strong revenues with long-term growth, exceptional cash flow due to high margins, oncoming projects that now totals more than one year s revenues, and the only debt it carries on its books directly relate to fixed assets that possess considerable market value in excess of book. The Company s financial position is strong and its outlook is quite positive. The outlook for this business is quite positive with management expecting 2006 to outpace 2005 in revenues and cash flow. In fact, looking at major jobs only, the Company has a backlog of projects both booked and high-confidence prospects that will contribute well over $6 million in future revenues over the next year. Letters of Intent are expected to support a 3.00x to 3.75x multiple over a reasonable weighted average of its last two years Seller s Discretionary Cash Flow (SDCF), with the lower bound for all cash offers and the upper bound for offers with a more-deferred deal structure. For a complete book on this business please contact Burley & Associates at 800.314.6098 or visit http://www.burleyonline.com/acq_avail.htm.