Greater Winnipeg Based Excavating Company

Manitoba

Asking Price: $614,535 ($850,000 CAD)

Save

ReportReport Abuse

Business For Sale Details

Listed on Feb 26, 2025(Renewed on Apr 21, 2025)

Business & Financial Overview
*Established in 2005 and one of the top & unique Excavation services company in the Eastern Manitoba-Greater Winnipeg area
*As per seller, 3 Yr Average Revenue and SDE was $610K and $328K respectively
*Business is one of the go-to contractors for Supply and Managing infrastructure work, Subdivision roadworks, and Utility earthworks that include sensitive technical precision digs

Human Resources & Assets
*Team Size : 3 Employees (Three full-time employees and the One owner)
*Exceptionally Skilled & Experienced Technicians
*Equipment: Key assets include Excavators, Dump Truck, Grader, Dozer etc

Marketing & Growth
*Customers: Current revenues comes mainly from Government work; the current owner has deliberately chosen to work with fewer clients in preparation for business sale/transfer
*Growth: With the anticipated growth in housing sector, affordable housing and new sub-divisions, there is ample scope for growth

Seller’s Reason to Sell
*Current owner is looking to retire and is willing to stay for a reasonable period to ensure a seamless transition

change currency

Financials (USD)

Asking Price $614,535

Cash Flow $237,138

Sales $441,019

Converted From CAD

Exchange Rate $0.72

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? Available On Request

Willing to co-broke? No

Principals only? Yes

Franchise? Available On Request

Management will stay? Yes

Relocatable? Available On Request

Real Estate? No

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

Request Information

Want to learn more about this listing? Log in now. New to DealStream? Discover how artificial intelligence can help you find better deals! Sign up for a Free Account today and get your first Search Genius deal tomorrow.