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Asking Price:	Not Available
Business for Sale Industry:	Services: Construction, Contractors
Reason for Selling:	Retirement
Year Established:	2001
# of Employees:	30
Yearly Revenues:	$7,000,000
Yearly Cash Flow:	$1,750,000

Business for Sale Overview:

This business engages in the excavation of both large and small residential and commercial properties, primarily in North Texas with a small portion of revenue (5%) also currently derived from projects in the San Antonio area. Services include building roads, streets, pads, earthmoving, land clearing, and pond excavation. In addition, the Company over-excavates soil, moisture-conditions land, and places polyurethane on lots. Boasting a large heavy equipment base of excavation equipment and vehicles, the Company is prepared to handle multiple projects simultaneously as well as large projects ranging from excavating lakes to demolishing buildings. The Company enjoys a superior reputation for workmanship, safety, timeliness, completion of projects within budgets, and particularly for meeting the needs of large, complicated, fast-track projects. All activities are conducted in full compliance with environmental regulations, limiting liability risk. A customer base of 15 active accounts is comprised of approximately 80% home developers and 20% water injection customers, with 100% of revenue in 2006 generated from excavation service projects. Revenue is generated through repeat business and referrals, with management having participated in minimal marketing efforts. The Company has 25 full time employees, including 1 project supervisor who are expected to remain with the Company following its sale. Three to five part-time employees are used when needed.

Property Features and Assets:

Currently home based - can be operated from any location

Market Competition and Expansion:

Consistent historical growth rate; Solid, active customer base; 90% employee retention rate

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This is a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.