NextCompany

Twin Cities Metro Underground Construction Co.

Union underground contractor for utility lines in Minnesota's Twin Cities metro

On NextCompany since August 30, 2026 (45 days)

MN areaEstablished 201514 FT employees
Financial summary
Asking price
$5,900,000
Gross revenue
$7,063,333
Cash flow (SDE)
$1,289,358
FF&E
$2,556,733

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Business overview

This unionized company installs communication, power, water, and high-pressure lines in Minnesota. Fourteen employees work jobs within 30 minutes of the Twin Cities metro base. The company started in 2015. The business grew quickly after 2021. Furniture, fixtures, and equipment total $2,556,733. The fleet includes directional drills, hydrovacs, trucks, and trailers. The buyer must move that equipment to their own yard. The company already booked many jobs for 2026.

Who is a good fit for this business

  • Owner-operators who can run a union underground construction crew in Minnesota.
  • Existing firms that want to add Twin Cities metro underground construction capacity.
  • Buyers who can move a $2,556,733 equipment fleet to their own yard.
  • Buyers prepared to fund a $5,310,000 down payment without seller financing.

Details

Reason for selling
Health

Frequently Asked Questions

This company installs communication, power, water, and high-pressure lines in Minnesota. The shop runs as a union underground construction contractor. Fourteen employees handle jobs within 30 minutes of the Twin Cities metro base. Word of mouth brings the work. The company does not advertise.

Furniture, fixtures, and equipment total $2,556,733. Most pieces arrived in the last five years. The lineup includes directional drills, hydrovacs, trucks, trailers, and support gear. Fourteen employees currently staff the company. The buyer must move the fleet to their own yard for indoor or outdoor storage.

Transworld Business Advisors of Northstar lists the asking price at $5,900,000. Gross revenue is $7,063,333. Cash flow as seller discretionary earnings is $1,289,358. The listed down payment is $5,310,000. Revenue fell in 2023 after the team declined southern winter work.

The seller does not offer financing on this listing. Buyers should plan for a $5,310,000 down payment against the $5,900,000 asking price. Furniture, fixtures, and equipment of $2,556,733 transfer with the sale. The company already booked many jobs for 2026.

The owner is selling for health reasons. The company continues to operate with 14 employees. Work stays within 30 minutes of the Twin Cities metro base. The company already booked many jobs for 2026. Mark Shobe represents the sale for Transworld Business Advisors of Northstar.

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