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Home Based Highly Profitable Excavating Business Turn Key For Sale

Metro St Louis, Missouri, US
Asking Price:
$899,000 Furniture / Fixtures included
Sales Revenue:
$1,358,500
Cash Flow:
$264,532

Home Based Highly Profitable Excavating Business For Sale, Turn-Key
*JUST APPROVED AS CONTRACTOR WITH MISSOURI AMERICAN WATER COMPANY, EXCLUSIVE PLUMBING VENDOR FOR ST. LOUIS COUNTY*
This business grew from a small crew and a single backhoe to a booming business with over $1,000,000 in sales per year! The owner has dedicated years of blood, sweat, and tears to build this business into a well-known and respected name. The time has come to retire, and they are willing to sell the whole business to a ready, willing, and able buyer. Primarily residential underground utility work (Water, Sewer and Electrical Conduit) with some repair work as needed.
-Fully operational through COVID. (Gross sales are UP in 2020!)
-Average Owner benefit of over $200,000. (Owner works average of 40 hours per week)
-All Fixtures, Furniture, and Equipment included in sale (Fair Market Value of $270,000)
-Systems and Procedures in place to ensure business runs smoothly. (No Need to Reinvent the wheel!)
-No marketing done by the owner. (All word-of-mouth or referral)
-Current owner is turning down work due to high demand (Growth opportunity for New Owner)
The owner of this phenomenally successful excavating business is looking to retire after over a decades in business and is looking to exit the business. The owner is ready to train a motivated buyer who proves they are ready, willing, and able to purchase the business.
Buyer should be someone strong in the area of project management, very organized and knowledgeable in sales and marketing. Master Drainlayer License Preferred, but current owner is willing to assist a new buyer during the transition process.

about ID#2889BRRJ.

Property Information

Location:

In Home/Relocatable

Business Operation

Reasons for selling:

Retiring

Employees:
5 full time, 1 part time

Other Information

Support & training:

Yes

Financing available:

Negotiable

Furniture / Fixtures value:
$270,000 - included in the asking price
Inventory / Stock value:
$2,000
Home based:
This business can be run from home.

Contact Saint Louis Group.com

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