Rare opportunity to acquire an established utility construction company with a long-standing operating history, established customer relationships, and an existing base of ongoing work. The company has developed an established reputation for quality workmanship and dependable service and has completed projects for a recurring customer base. The business includes a substantial base of operating assets and established operational infrastructure. The company also maintains existing accounts receivable and a reported backlog of work associated with ongoing operations. Additional financial and operational information is available to qualified prospective purchasers subject to executing a confidentiality agreement. Operations are conducted from an established office and business facility prominently located along a major thoroughfare with convenient access to a major airport. The existing infrastructure and facilities (included in the purchase) provide an established operational base for the business. The offering may be of interest to an individual buyer, strategic acquirer, or existing industry participant seeking to acquire an established utility construction operation. Information concerning financial performance, assets, accounts receivable, backlog, operations, and other business matters will be provided to qualified prospective purchasers subject to applicable confidentiality requirements. All information is subject to verification by prospective purchasers and their advisors. Buyers should conduct their own independent investigation and due diligence.
Rare opportunity to acquire an established utility construction company with a long-standing operating history, established customer relationships, and an existing base of ongoing work. The company has developed an established reputation for quality workmanship and dependable service and has completed projects for a recurring customer base. The business includes a substantial base of operating assets and established operational infrastructure. The company also maintains existing accounts receivable and a reported backlog of work associated with ongoing operations. Additional financial and operational information is available to qualified prospective purchasers subject to executing a confidentiality agreement. Operations are conducted from an established office and business facility prominently located along a major thoroughfare with convenient access to a major airport. The existing infrastructure and facilities (included in the purchase) provide an established operational base for the business. The offering may be of interest to an individual buyer, strategic acquirer, or existing industry participant seeking to acquire an established utility construction operation. Information concerning financial performance, assets, accounts receivable, backlog, operations, and other business matters will be provided to qualified prospective purchasers subject to applicable confidentiality requirements. All information is subject to verification by prospective purchasers and their advisors. Buyers should conduct their own independent investigation and due diligence.
Severn is located in Maryland. Severn, Maryland has a population of 53,955. Severn is less family-centric than the surrounding county with 32.95% of the households containing married families with children. The county average for households married with children is 33.77%.
The median household income in Severn, Maryland is $115,481. The median household income for the surrounding county is $108,048 compared to the national median of $69,021. The median age of people living in Severn is 35.8 years.
The average high temperature in July is 87.7 degrees, with an average low temperature in January of 24 degrees. The average rainfall is approximately 42.7 inches per year, with 16.3 inches of snow per year.
