Summary
- Asking price:
- $3,000,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $1,791,000
- Cash flow:
- $786,000
- Years established:
- 28
- Employees:
- 15
- Relocatable:
- This business can be relocated.
They have a lot of machinery
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Business description
This excavation and construction company was founded in 1982, and has an excellent reputation for quality work.
Currently excavation accounts for 70% of total revenues. Concrete work makes up about 20%, while the remaining 10% stems from carpentry work. This company services the regional area and is owner operated in a “hands on” manner. The owner is ready to retire, but is willing to stay through a reasonable transition period to acclimate the new owner to the business, employees and clientele. There is a management team in place that will stay on after the sale. There is currently a million dollars of work on the books, so there is plenty to keep them busy for now. The crew is DEP certified, they are the local sewer, water and highway main contractor and the company is bonded. This is a great opportunity for the right buyer, so request more information today!
Property information
- Real Estate:
- Lease
- Premises details:
- The two structures total 18,000 sq ft, valued at $800,000.00, are situated on approximately 6 acres. Both were built in the 1970’s. The office is located on US highway and has been newly renovated in 2009 with four offices, a conference room, kitchen, large reception area, and a full basement. The shop has 16 foot high ceilings and is under current renovation with an area of 15, 500 Sq Ft. This is a great location for this type of business. The property is owned with option lease or purchase.
Other information
- Expansion potential:
- Growth and expansion can be attained through expanding the carpentry business and trucking. The addition of a crushing plant, paving and hydro seeding could potentially prove very profitable
- Competition / Market:
- There is some competition in the area, However 75% of their customer base is repeating clientele.
He is DEP Certified which much of the competition isn't. Quality of work is at utmost importance.
- Support & training:
- Owner agrees to stay through a reasonable transition period.
- Reasons for selling:
- Retirement
- Trading hours:
- Days: Monday - Friday & Saturday 1/2 day
Hours: 7:00 am - 5:00 pm
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- Up to 20%
- Furniture / Fixtures value:
- $1,510,000 (included in the asking price)
- Inventory / Stock value:
- $150,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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