Commercial & Residential Excavation Company

Not Disclosed, FL

Florida East Coast

Asking Price: Annual Revenue:
$5,500,000 $3,499,250

Services: Construction, Contractors

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RE: Commercial & Residential Excavation Company Broker: Anthony Geronimo

Quick Facts

Asking Price: $5,500,000
Annual Revenue: $3,499,250
Net Profit: Not Disclosed
Cash Flow: $1,226,828
Total Debt: Not Disclosed
FF&E: $945,020
Real Estate: Not Disclosed
Year Established: 2004
Employees: 14
BBN Listing #: 7172630
Broker Reference #: 2301740416

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Business Overview:

17 year established Full Service Commercial and Residential Excavation Company focusing on lot clearing, grading, fill dirt delivery, and removal of unsuitable materials. The company enjoys a strong reputation and is in the top 5% of its field consistently delivering quality on-time work for all of its customers. The Company currently does not advertise and relies solely on repeat and referral of customers which approximately 80% of its annual revenues are generated from repeat business. The introduction of a strategic marketing campaign would benefit the company greatly by exposing it and creating awareness of the marketplace as a whole and generate new clients. The residential sector continues to boom based on a home building explosion due to the high demand of rapid relocation of families to Florida from other parts of the country. The Seller has several decades of industry experience and is now ready to slow down. The Company would benefit greatly by a new owner with a background in Excavation and Trucking, or a General Manager that could be hired to perform these functions within the company. The Company has long-standing established relationships with its vendors and customers. The company's customers are some of the biggest name brands in home building with excellent reputations ensuring a strong pipeline of work for the foreseeable future with no end in sight. The Company currently has 15 Employees working full time which consist of Skilled Equipment Operators with typically 5 years of experience and the company enjoys a low rate of turnover with its Employees. The current premises of the company are in like-new condition and ideal for the operations of the company complete with office space, warehouse storage, and a secure yard for equipment and vehicles. These premises are owned by the Company and are available for lease at an agreed-upon Fair Market Rent Rate. The company works primarily in the geography of a 3 county area in Florida. Their strengths and secrets to success are their quality of work, effective scheduling and consistently meeting the timelines set for each job they perform. For Additional Information regarding the Company, an executed NDA and Financial Statement is required. Annualized Financials Based on the Income Statement through September 30, 2021. Lender Financing available to highly qualified Buyers. Please refer to listing # 2301740416 and ask for business broker ANTHONY GERONIMO when inquiring. Thank You!

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Property Features and Assets:

Square Footage: 2,500 Building Type: Office Warehouse. Terms & Options: Negotiable Expiration Date: 12/31/2026

Reason for Selling:

Seller will Discuss.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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