This company focuses on excavation contracts for site preparation in residential, commercial, and public projects. This includes sewer and water mains, all lateral connections, stormwater piping, and trenching. Other areas of focus include asphalt paving and milling, concrete flatwork, septic systems and heavy hauling/debris removal. A portion of the revenue stream from trenching comes from the installation of large drainage pipes along roads and highways in the Mid-Atlantic states.
- Asking Price:
- $3,350,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $4,401,885
- Cash Flow:
- $401,155
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Real estate for the operations of the business may be considered for sale separately. Most equipment is out on the job sites, however the real estate is used for office space, occupying 2245 s.f. on the main floor. There is a lower level that is fully improved, and is available for said business offices, or for rent to external tenants. The lower level has 1200 s.f. of available and finished space. Total square footage of the office is 3445 s.f. Parking is available on both levels.
Business Operation
- Expansion Potential:
-
This company has a strong potential for growth for the buying company taking on a higher volume and larger-scale projects. The seller is at capacity to take on larger bids and projects. A buyer larger in size would find a steady level of job opportunities to enhance revenues and future employment of their staffing levels. The seller offers to help with future bids for a negotiated period of time.
- Competition / Market:
-
This company faces limited competition, as it frequently serves as a subcontractor for other large companies, helping to complete various projects. It has established strong regional partnerships, particularly for road construction and large-scale developments. The company possesses the expertise and contracts necessary for comprehensive site development, whether handling entire projects or focusing on improving individual or grouped lots to complete specific phases of larger developments.
- Reasons for selling:
-
Is pursuing other career options.
- Trading hours:
-
Monday-Friday 7am-4pm
- Employees:
- 9 FT
- Years established:
- 11
Other Information
- Support & training:
-
Will train for 12 weeks @ $0 cost.
- Financing available:
-
Lender pre-screened with $385K down.
- Furniture / Fixtures value:
- $3,235,167 - included in the asking price
- Inventory / Stock value:
- $443,299 - included in the asking price
- Relocatable:
- This business can be relocated.
