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Listed by:

The Firm

Site Prep, Dirt Work, And Underground Utilities For Sale

Indianapolis, Indiana, US
Asking Price:
$11,550,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$10,687,504
Cash Flow:
$2,566,723

This excavation business provides a full range of services
including large-scale site preparation, grading, underground
utility installation, and dump truck hauling. Serving
municipalities, schools, industrial facilities, commercial
developers, and general contractors, their diversified
customer base and consistent demand have driven a
sustained four-year growth trend. Established in Central
Indiana, they extend service to clients spanning a 50-mile
radius of Indianapolis and have done so for the last 15+
years! The operation is supported by a seasoned team of 34
employees, including an experienced General
Superintendent, four Foremen, CDL drivers, equipment
operators, and an Office Manager, providing an established
leadership structure and smooth day-to-day execution. The
acquisition includes over $1,300,000 in working capital and
more than $2,500,000 in equipment and hard assets, with an
additional $3,400,000 in WIP & Backlog making this a well
capitalized, asset-rich acquisition with immediate cash flow
and strong regional market presence. The seller is preparing
for retirement and is committed to a seamless transition,
offering up to three years of support in addition to carrying
25% of the purchase price. This business does not utilize any
special designations or use the union for labor.

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Retirement planning

Employees:
34 FT: 24 in the Earth Work Division including an Office Manager, General Superintendent, 4 Foreman, and 18 operators / in-field labor. The Trucking Division has 10 on staff which includes a Dispatcher, and 9 Drivers
Years established:
2011

Other Information

Support & training:

2-3 years

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

25% Seller Financing or Equity Roll

Furniture / Fixtures value:
$2,659,500 - included in the asking price
Inventory / Stock value:
$1,315,855 - included in the asking price
Related Documents:
Relocatable:
This business can be relocated