Excavation Company In Ottawa For Sale

Business description

Excavation Business.

This prominent excavation business has been established in the Ottawa area for more than 25 years and is available for immediate sale.

The company consistently achieves 2.5M+ in annual revenue and has nearly 1M of newer, well maintained machinery and equipment. Specializing in sewer and water line installation and repair, the business also offers a variety of other services such as basement excavating and backfilling, demolition and site preparation.

The majority of its revenue derives from new construction and currently the business has over 200k of contract and hourly work lined up for the spring season. Its client mix consists of commercial, industrial and residential and is a member of a government preferred vendor list which supplies the company a consistent revenue stream. It has also benefitted from a long business relationship with a top property management group.

The business has remaining experienced staff in administration and operations. The new owner could come from a variety of backgrounds but should have a sizeable down payment. Some equipment financing may be assumed by the buyer and in addition the owner is open to assisting with the purchaser with financing.

For more information, please contact Greg Kells at Sunbelt Business Brokers: 613‐731‐9140 Ext. 225 or ---------@--------------.---.

Property information

Real Estate:

Lease

Premises details:

3000 sq ft, $1500.00

Business Operation

Reasons for selling:

Retirement.

Employees:

Full Time: 6

Years established:

37

Other information

Financing available:

Downpayment Required: NEGOTIABLE
Monthly Payroll: ON REQUEST
Financing is Available

Furniture / Fixtures value:

$990,000 (included in the asking price)