Turnkey Excavating Firm With Consistent Cash Flow
This is a reputable excavating company serving a 100-mile radius in the Chicago area.
Projects are very consistent and come through referrals and word-of-mouth since they have an outstanding reputation.
There are 23 very loyal employees (many have been there for more than 15 years). Well kept excavating machines are also included.
Very Turnkey – A new owner will not need to micromanage the projects since the employees manage the projects from beginning to end.
A new owner could easily take this business to the next level by simply adding a website and marketing campaign.
Their 8 long-term employees will continue in their roles, ensuring operational continuity.
The seller is retiring; however, he will stay on for a reasonable amount of time to allow for an easy transition. – He is also willing to consult the new owner after transition to help grow the business even further.
The office building is 3,000 sq. ft. and a new owner can either lease or buy it at market value.
There are 33 pieces of heavy equipment which include 17 vehicles, 8 trailers, & several attachments & small tools. Total machine/equipment value is about $2.8mil.
PLEASE NOTE: Seller is only considering buyers with at least 5 years of construction experience.
Financials (USD)
Asking Price $11,000,000
Cash Flow $2,906,000
Sales $12,096,000
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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