Status: Off The Market
Infrastructure company able to leverage existing government relationships to win stimulus package projects in three states. This excellently managed family-owned company provides excavating, earth-moving, land clearing and trench digging services to governmental, industrial and commercial clients in several states. The company is technologically ahead of its competition by utilizing GPS systems and "green" equipment in all its projects. Crews use GPS to eliminate surveying requirements and receive plan changes via the internet thereby reducing downtime, increasing operator productivity and assuring project accuracy. This reduces project costs by eliminating costly errors and expediting project completion. All equipment is low-emission and reduces pollution 80%. All new equipment is Tier II emission compliant. The customer base is diverse and 79% of 2008 revenue was with public infrastructure projects. The company employs approximately 60 employees. Management team has 25+ years of industry experience. The company has been in business 13 years and is non-union.
$50 million potential 2009 revenue by leveraging current work in public sector infrastructure projects to obtain share of Federal government’s stimulus package of more than $100 billion in infrastructure projects. $100 million revenue attainable with existing equipment. Highly fragmented industry with excellent conditions for consolidation. Acquisition plan that targets complementary businesses thereby offering total project bid opportunities. Owners will consider a continuing minority interest.
| Industry: |
Construction Businesses For Sale Excavating Businesses For Sale |
|---|---|
| Location: |
Mountain States Businesses For Sale United States Businesses For Sale |
| Other: |
Middle Market Businesses For Sale |
| Sector: | Construction |
|---|---|
| Industry: | Excavating Contractors |
| Classification: | United States // Mountain States |
|---|
| Sales: | Between $10 Million And $25 Million (12,000,000) |
|---|---|
| Profits: | Between $1 Million and $2.5 Million (2,000,000) |
| Profit Type: | Cash Flow |
| Fiscal Year: | 2008 |
| Asking Price: | Not Disclosed |