1963 Endecott Avenue, North Pole, AK 99705
sale
$3,500,000
|
Other
Courtesy Of Alaska Life Realty
Alaska's only homegrown railroad construction and maintenance contractor. Offered at 3.5 million, this turnkey business includes two steel yards, equipment, contracts, and trained staff. With over 30 years of combined industry experience and operations established in 2001, this company is strategically positioned as the state's only Alaska-based rail contractor serving public, private, and military sectors across the state. The sale includes a full fleet of specialized rail equipment, trucks, tools, materials, rolling stock, two FRA-qualified licensed inspectors, and long-established vendor and client relationships. The business has multiple ongoing and future contracts in place with a well-established pipeline of high-demand clients. Financials show strong growth, with gross revenue of over 1.2 million in 2023 and 3.4 million projected for 2024. Net income for 2024 exceeds 1.1 million based on signed contracts and improved operational efficiency. The sale includes goodwill, equipment, trained personnel, and use of two strategically located steel yards. There is significant room for growth through expansion into mining, tourism, and federal infrastructure projects. Additional opportunities exist in maintenance-of-way services, snow removal, and through federal and state infrastructure funding. The current owner is willing to assist in the transition to ensure continued success. This is a rare opportunity to acquire a profitable, contract-backed infrastructure company operating in one of Alaska s most vital industries. A signed non-disclosure agreement is required to receive detailed financial records, client lists, contract summaries, and asset inventories. This business also comes with two Railyards: See MLS 158141 for more details
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Property Features
- Architecture Style: Other
- MLSID: 158142
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