Over 42+ years in business!
Business Description
This company specializes in preparation and excavation work and has contracts with both private companies and municipalities. The business has been operating since 1967 and changed its name in 1982. In the same year, the company was taken over by two young men, one of whom was the owner's son. The two men have always maintained a solid reputation in this niche industry. Despite the challenges of the last five years, they have maintained their five-star rating and are best known for their integrity, professionalism, and quality of work. Financing Information: Listing Price $2,650,000. with Equipment $1,300,000. Which is included in the listing price of $2,650,000. This company has well over $4 million in backlog as of January 2025 and is approved for a 20% down SBA loan through Diamond Financial (don@diamondfn.com). He can close within 3 to 4 weeks after Buyer approval.
These motivated sellers are now ready to receive your offer.
These motivated sellers are now ready to receive your offer.
About the Business
- Years in Operation
- 43
- Employees
- 8
- Currently Relocatable
- Yes
- Facilities & Assets
- Long-term relationships with the major private sector, housing development contractors in the Northwest, and also with City and County development. Equipment sold with Business, $1,300,000.
- Market Outlook / Competition
- There is very little competition if the business continues to pride itself in quality of service, and maintains its reputation for completing projects on time! At a fair price.
- Opportunities for Growth
- The private sector comprises most of the income. 85% plus in the private sector is and has been the majority of this long-standing construction company. Has picked up more than $6 million in contracts in the last 4 months of this year alone (2024). With the equipment and existing manpower, they have grown this year alone to three full teams, allowing them to do upwards of 6/ 7 million a year with their existing capabilities.
Real Estate
- Owned or Leased
- Leased
- Rent
- $6,500.00 per month
- Lease Expiration
- 7/31/2029
About the Sale
- Seller Motivation
- it's time!
- Transition Support
- available for one full year of training (if needed) for the
new owner to maintain existing accounts and expand into
additional markets. One owner is willing to stay on for two
years (full or part time). If terms are favorable. - Financing Options
- This company is pre-approved by 3 Banks for an SBA loan at 20% down.
Listing Info
- ID
- 2049103
- Listing Views
- 9071
Attached DocumentsAttachment Disclaimer
Listing ID: 2049103 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for Sale Building & Construction Service Businesses for Sale Other Services Businesses for Sale
Similar Listings
