Greater Winnipeg Based Excavating Company

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

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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

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