Priced Reduced Very Profitable Excavation And Demolition Business For Sale

Business description

Well-established, very profitable excavation and demolition business located approximately 45 minutes southeast of Dallas. This is a thriving business in a high demand environment. The type of jobs being sought by this company has enabled it to thrive through the economic slow-down. Most of the work involves site preparation for the construction of hospitals, schools and other government and commercial developments offered under bids through general contractors. Seller has just added utility installation as part of his services and has added the equipment required to do the work. This addition will enhance his appeal to general contractors, in that they will be able to contract for all site preparation activities with one sub-contractor. The seller anticipates this addition will double sales over the next couple of years. In addition, there are many, very profitable, smaller jobs available in the rural area where the business is located, providing the ability to maintain steady operational cash flow between larger jobs. The retiring seller will offer transition training for the buyer, passing along valuable knowledge about his business systems, field operations and bidding techniques. The business has all necessary equipment required to support the workload, with no immediate additions or replacements needed. The business has been priced below current market value of equipment. A State of Texas grant for replacement of older diesel vehicles in the amount of $170,000 will be available for new owner's use. Newly hired, experienced utility manager, along with experienced field managers and other employees are expected to remain, assuring continuity of operations. This business can be relocated or remain on seller’s property under a negotiated lease agreement. A small office, repair shop and “yard” for equipment is all that is needed for this operation. The business serves the Cedar Creek lake area, west to Dallas and southern DFW metro, east to Tyler, south to Waco and north to the Interstate 20 corridor. This coverage area enjoys exploding growth, offering an aggressive buyer the opportunity to grow the business dramatically. This is a great situation for a buyer seeking both substantial, immediate income and tremendous growth potential. Lester Godwin ------------.

Property information

Real Estate:

Lease

Premises details:

sq ft, $N/A

Other information

Reasons for selling:

Retirement

Financing available:

Downpayment Required: N/A
Monthly Payroll: ON REQUEST

Furniture / Fixtures value:

$900,000 (included in the asking price)