Business For Sale Listing 127715
Excavation/Utility Contractor
Status as of Dec-4-2008 at 06:05 PM: Off The Market
Business Summary
We represent a well-established excavation/utility contractor specializing in services for residential developers. Comprehensive capabilities include land clearing, grading, & installation of public utilities. Established with only 2 pieces of construction equipment, Company now boasts 37 pieces & growing, all purchased or refurbished within the last 6 years. Awarded jobs based on range and quality of services, reputation and strong industry relationships, although pricing is highly competitive. Adept at successfully & expediently moving permits through the permitting process. Throughout its history, the Company has maintained active relationships with seven successful residential developers - a testament to the esteem in which the Company’s services are held. Nearly 99% of jobs do not require Company to bond, although it has been bonded for $1MM in the past. On track to hit 2007 projections of $800K in EBITDA on $6.5MM in gross sales. Principals are willing to stay for up to 3 years to ensure that carefully cultivated industry relationships will continue to grow under new ownership.
Categories
| Industry: |
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Industry
Location
Financials
| Sales: |
Between $5 Million And $10 Million ($5,336,000) |
| Profits: |
Between $100 Thousand and $500 Thousand ($348,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Not Disclosed |
