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Excavation & Underground Utility W/ $30mm In Sales For Sale

Texas
Asking Price:
$19,650,000 Furniture / Fixtures included
Sales Revenue:
$30,722,692
Cash Flow:
$3,573,911

A full-service site development construction company earning over $30MM in income is your next ideal acquisition. Specializing in site preparation, excavation, and underground utility work, this company completes most projects with their well-trained 120-member staff. Working mostly in Texas, this company has over $5MM in assets including heavy equipment, $8MM in the pipeline, and $12MM in backlog ready for completion.

This Texas company has completed projects across the Lone Star State as well as in Arkansas, Oklahoma, and Louisiana and maintains a long record of safety and quality workmanship. Clients are often contractors building multi-family housing, big box retailers, and fulfilling municipal contracts.

Offering superior customer service as well as wrap-around services including field supervision, scheduling, and project management, this team operates with extensive knowledge of project requirements and procedures. They excel in assessing a client’s needs, building detailed proposals, and completing complex projects in a timely and accountable manner.

Operating from a leased 5,600 sq. ft. facility, this company has all the necessary space to operate unencumbered and owns all the heavy equipment used for projects. The current ownership group has responsibility over various tasks including financial management, lead project management, lead estimation development, and resource management.

Property information

Real Estate:

Lease

Premises Details:

5,600 sq. ft.: Office 17 offices (4 under construction), conference room, open workspace; Shop (800sq. ft.) and large yard (25,000 sq. ft.)

Business Operation

Expansion Potential:

Replicated the current model in other markets, maximize new technology, capitalize on joint trenching

Reasons for selling:

Divestment

Trading hours:

M-F 8-5

Employees:
120 FT: Project managers, foremen, superintendents, laborers, accounting, administrative
Years established:
2000

Other Information

Support & training:

Negotiable

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Purchase Price: $19,650,000
15% Buyer Down Payment: $2,947,500
15% Seller Financing: $2,947,500
70% Bank Loan: $13,755,000

A 15% down payment of $2,947,500 returns $1,179,942 in the first year after debt payments!

Furniture / Fixtures value:
$5,000,000 - included in the asking price
Related Documents:

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