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- RE: Excavation Company In SW Idaho
- Contact: David Choate
Quick Facts
Asking Price: | $385,000 | |
Annual Revenue: | $424,487 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $159,019 | |
Total Debt: | Not Disclosed | |
FF&E: | $136,300 | |
Real Estate: | Not Disclosed | |
Year Established: | 2022 | |
Employees: | 2 | |
BBN Listing #: | 940249 | |
Broker Reference #: | 8304-18254 |
Business Overview:
This company provides a wide variety of services including: grading, site prep, underground utility installation, demolition, septic systems and tree removal. They have worked with some of the most prominent home builders and general contractors in the area. Although only started in 2022, they have built connections and developed a brand known for top quality work and professionalism. Business has ramped up quickly and increased revenue 166% year over year.
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Property Features and Assets:
When its not in the field, Seller stores equipment at a yard at his house. Seller will lease yard for a short period while Buyer finds suitable facilities.
Assets = $136,300
Market Competition and Expansion:
There are many excavation contractors in the area and they vary in size and capabilities. Low overhead means this business can be very competitive in both the residential and commercial arenas. This business has built a reputation for professionalism and responsiveness in an industry that is notorious for people not being trustworthy or professional. This business is known for keeping their agreements, strong and often communication with clients, and quality of work.
Since the business is only two years old, they are just getting started which translates to a tremendous potential for growth. With some additional equipment and manpower, the business could grow exponentially. They currently get sent projects to bid that they are too small to complete effectively. The C class license allows them to pursue public works projects up to $200,000. Newly acquired septic license provides opportunity for new service and revenue stream.
Reason for Selling:
Wants to transition to other endeavors.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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