Bonded Commercial Concrete Contractor, 30-Year Charlotte NC Operation

Full Editorial Writeup

This is a nearly 30-year-old commercial concrete contractor serving the greater Charlotte, North Carolina market. The company delivers turnkey concrete packages through both bid and negotiated contracts, including CM-at-risk bonded work on major projects. Between the larger awards, a steady flow of smaller repeat jobs from long-standing contractor relationships keeps crews busy and revenue consistent. On roughly $5.9M in revenue, the business throws off $1.395M in cash flow, a healthy 24% owner-earnings margin for a subcontractor.

The real moat here is bonding capacity and commercial contract track record. Both take years to build and together place the company in a specialized tier of the market where few concrete subs can realistically compete. The operation runs on a team of about 23, led by an estimator/project manager who handles bidding and job oversight, with salaried supervisors directing hourly field craftsmen. That structure lets the business take on complex work without the owners making every call on site.

Notably, all of this was built on reputation and word of mouth, with zero formal marketing or sales program. That is the obvious lever for a new owner: layer structured outreach and geographic expansion on top of an already-bonded, established book of contractor and government relationships. The asking price of $3.8M (2.72x cash flow) includes roughly $332K of heavy equipment and trucks plus $400K of inventory, but excludes the owned $3.5M facility, which can be bought separately or leased from the seller.