Excavation Demolition & Utilities Contractor & Equipment Lease For Sale

Business description

Buy a going business for less than 1/2 times a years' cash flow............an awesome deal! Very profitable, 24 year old excavation, utilities, and demolition contractor business for sale. With office and ongoing list of projects. Seller is actively bidding for new work in the area. Lot's of school and hospital work. Fully equipped and staffed to hit the floor running from day one! Seller will stay on as long as needed for a smooth transition.

Important: Originally, this business was for sale for $1.3M, but in hard economic times we have restructured it to make it easier to purchase. Basically, we are asking $150,000 for the business. That is one half of a year's cash flow. We are then leasing the equipment, $750,000 worth, on a monthly basis of $9600.00.........................a portion of which will be applied to the purchase of said equipment.

Are you a contractor looking to expand territory or services??? This may be for you...............

Property information

Real Estate:

Lease

Location:

SE of Dallas. Facilities: Offices are currently located in a 18' X 76' Mobile Home on the seller's property. Seller would like buyer to rent it until the balance of the equipment lease is paid.

Business Operation

Expansion potential:

Growth/Expansion: Could easily bid more work. Currently turns down more bids than he accepts.

Competition / Market:

Competition: Being in the area it is located, competition is very limited. We are well established. There is more work than can be handled.

Reasons for selling:

After 24 years, wishes to retire.

Employees:

8 to 14 f/t

Years established:

1985

Other information

Support & training:

Support/Training: Owner is willing to fully train. Also, will stay on in a paid consulting position for up to one year.

Furniture / Fixtures value:

$750,000