Steel Bridge Rehabilitation Contractor For Sale

Business description

The company specializes in the repair and rehabilitation of structural steel bridges in the Northeast. The replacement of most major bridge structures is not a reasonable economic decision and, therefore, the company focuses on repair and rehabilitation. The company has a proven track record in "suspension" bridges with the repair and rehabilitation to include: main cables, suspender ropes, structural lifting, heat straightening and general repairs for over 30 years.

This company is in a leased facility owned by the principal and is for sale with the business. The estimated revenue from the fourth quarter bonding report is $9,855,692. The current work for 2012, from the fourth quarter bonding report, is $9,397,308. As of 2/6/2012, we are aware of at least four more jobs to bid in the 2012 season. Successful bids on these four jobs would represent $8m to $15m in additional work. CPA reports will be available in April.