Excavating&Renewable Energy Co.Includes$8.3M Equip

Not Disclosed, IA


Asking Price: Annual Revenue:
$13,300,000 $6,097,122

Services: Construction, Contractors


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RE: Excavating&Renewable Energy Co.Includes$8.3M Equip Broker: Dan Tryon

Quick Facts

Asking Price: $13,300,000
Annual Revenue: $6,097,122
Net Profit: Not Disclosed
Cash Flow: $2,066,297
Total Debt: Not Disclosed
FF&E: $8,341,750
Real Estate: $1,300,000
Year Established: 2013
Employees: 15
BBN Listing #: 89944955
Broker Reference #: 5002-16538

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Business Overview:

This turnkey excavation and renewable energy related business is primed to benefit from the high demand for renewable energy projects like windmill farms that require massive amounts of excavating, compacting, and seeding. They are also primed for success with Congress in process of passing a trillion dollar infrastructure plan. Many contracts are already in place for future months and years, and the seller is willing to stay with company for a while to ensure a smooth transition. Qualified licensed haulers are hard to come by, and this business has approximately 15 experienced drivers.

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Property Features and Assets:

This business is located in the upper Midwest and is near a popular tourist/lakes area. The business sits on a beautiful 10 acre lot in the country with an extremely large warehouse (over 12,000 square feet) and a large gravel parking lot to store many excavating trucks and equipment. The listing includes approximately $8,300,000 of equipment including several Peterbuilts, Ashland scrapers, seeders, and much more. The real estate also includes a 5 bedroom residence, pasture, horse barn, and several sheds. Assets = $9,941,750.

Market Competition and Expansion:

There are several large scale excavation businesses in the upper Midwest, but this one wins many contracts with their non-union labor force of 15 licensed drivers and are willing to cover several states in the upper Midwest. There is a huge potential for growth in this industry with all the renewable energy demands and with the new infrastructure funding from the Federal Government.

Reason for Selling:

Retirement.

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.

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