Construction Site Services For Sale

Business description

With over $20M in revenues in 2005 (up from $12M in 2004)and projections of $30M in 2006, this innovative, hi-profit ($4.6M in 2005) company has implemented a highly successful new business model in the construction site services industry. Starting as an excavation and erosion control company, this firm has achieved remarkably strong growth and profitablility by responding to the needs of its customers. It has grown without the benefit of marketing or advertising, by adding services its customers wanted and by offering them from a single source at pre-set published prices instead of negotiated contracts. Revenues and profitability have grown steadily since this business model was adopted. From excavating to sewer installation to paving and sodding, this company can do just about everything at a construction site except actually build the buildings. The company has invested heavily in its own infrastrucure, purchasing over $4.5M of new equipment in the last 18 months, and now has over 300 pieces of equipment and vehicles. Growth has been and continues to be smart - new services and equipment are not added until there is a demand for them from their customer base sufficient to ensure profitability.

Property information

Real Estate:

Real Property Included

Lease terms:

The company operates out of a single northern Virgina location comprised of approximately 3.8 acres owned by the business and a smaller leased parcel. The property and buildings, which have been extensively improved and which were recently appraised for $2.2M., are included in the purchase price. $2M of net A/R are also included. No debt will transfer.

Other information

Expansion potential:

While other companies can compete with this company in indivudal services, no other company in the market can offer the "one-stop" approach, with the full range of services this company provides. Also, no other company has the ability to perform some of its services, such as alternative septic installation, completely with in-house personnel and equipment. This company's growth has been both spectacular and solid. With its recent major investment in equipment and capabilities coupled with its customer's service needs for projects on the books, the company is on sure footing to increase sales and profitablity going foward.

Support & training:

Available to stay through transition.

Reasons for selling:

Others interests.

Financing available:

Financing available for qualifed buyers.