Hot Listing

**UNDER LOI** Underground Utilities Contractor - Water, Sewer, Storm

Asking Price$6,500,000

Cash Flow
$1,800,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$8,500,000

Inventory$100,000
Not included in asking price
FF&E$2,700,000
Included in asking price
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Hot Listing

**UNDER LOI** Underground Utilities Contractor - Water, Sewer, Storm


Asking Price$6,500,000

Cash Flow
$1,800,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$8,500,000

Inventory$100,000
Not included in asking price
FF&E$2,700,000
Included in asking price
Business Description
Located in one of the fastest growing areas of the country, the business is expected to grow as much as you want to grow it. The company began operations in 1999 and is a licensed utility contractor. The company is well established, well organized and has a small team in place that manages the company. The company can do any type excavating and municipality project; however, they primarily handle jobs that can be completed in less than a year. Located in Georgia, this contractor is a leading provider of underground utility systems, specializing in the installation and maintenance of water, sewer and storm control infrastructure. With over 30 years of industry experience, the company has built a reputation for safety, reliability, and innovation in serving municipalities, utility providers, county school systems as well as private developers for both commercial and residential projects.

This is an excellent opportunity for the right buyer looking to be their own boss or an existing company seeking growth. Either one, this opportunity is ready for someone to step in to oversee and make money on a well-run, stable organization with an excellent reputation.
About the Business
Years in Operation
26
Number of Employees
13
Facilities & Assets
The business operates out of a small office owned by the seller. This space is available for lease. There is a yard at the owners residence which could be available for a short time, but it is expected the business would move within 6 months or so.
Market Outlook / Competition
They are the only business in the area that services the market effectively. Other larger firms out of Atlanta that could be a competitor target larger projects.
Opportunities for Growth
Currently, there is little to no resources spent on marketing or a sales force. The business could increase the sales effort to target new territories or add services to existing clients.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Retirement
Transition Support
This business requires a utility contractor license (manager). The current owner holds the license. However, one employee is testing for the certification. Owner will stay a reasonable amount of time to transition the business to a new owner.
Financing Options
Seller may consider a note for the right buyer.
Listing Info
ID
2383903
Listing Views
1443

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Business Listed by: Chad Pevey Gary Martin and Associates/The Oxford Highland Group

Listing ID: 2383903 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.