Annual Revenue: $1,853,657
Net Cash Flow: $182,761
Location: Luzerne County, Pennsylvania
This is a one-of-a-kind traffic flagging company that provides services to construction companies and the State of Pennsylvania Department of Transportation (PENNDOT) in the Northeastern Region of Pennsylvania. There is a great opportunity here for expansion due to the demand in this industry. This is a certified woman owned business (WBE) and is known for their responsiveness. It has well-entrenched relationships with customers which provides referrals and repeat revenues.
The business currently employs approximately 25-30 flaggers and 1 manager; all employees report to the manager and the manager reports to the owners. The manager oversees the day to day scheduling of staff and preparing weekly billing. The two owners spend an average of 25-30 hours a week on the business. Owners are willing to train the new owner.
The current high demand for these services continues as the state addresses road infrastructure problems for the foreseeable future. The industry has an abundance of demand and a new owner could easily expand services regionally as well as offer complementary services such as traffic control services, 24/7 emergency response, developing and maintaining traffic site plans, pedestrian traffic control at events/sporting events, equipment sales and rentals such as barriers and cones just to name a few.
• Well established – solid reputation
• Cash flow strong
• Experienced and well-trained employees
Further details of the business will be revealed, however, only to those buyer prospects who are screened by the broker.
Reason For Sale:
Owners have other business interests not in conflict with this.
Training & Support:
As needed and can be determined during transition.
Facility is shared with the owners other business. The new owner can run this remote.
Business is on a preferred list for construction companies doing work for PENN DOT.
New owner has a number of options to expand regionally, by adding services, and marketing.