Turnkey Excavating Company, Consistent Cash Flow
Not Disclosed, IL Cook County
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- RE: Turnkey Excavating Company, Consistent Cash Flow
- Contact: John Meyers
Quick Facts
| Asking Price: | $14,000,000 | |
| Annual Revenue: | $12,096,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $2,906,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $75,000 | |
| Real Estate: | $1,150,000 | |
| Year Established: | Not Disclosed | |
| Employees: | 23 | |
| BBN Listing #: | 999610 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
This is a reputable excavating company serving a 100 mile radius in the Chicago area.
Projects are very consistent and come through referrals and word-of-mouth since they have an outstanding reputation.
There are 23 very loyal employees (many have been there for more than 15 years). Well kept excavating machines are also included.
Very Turnkey – A new owner will not need to micromanage the projects since the employees manage the projects from beginning to end.
A new owner could easily take this business to the next level by simply adding a website and marketing campaign.
Their 8 long-term employees will continue in their roles, ensuring operational continuity.
The seller is retiring; however, he will stay on for a reasonable amount of time to allow for an easy transition. – He is also willing to consult the new owner after transition to help grow the business even further.
The office building is 3,000 sq. ft. and a new owner can either lease or buy it at market value.
There are 33 pieces of heavy equipment which include 17 vehicles, 8 trailers, & several attachments & small tools. Total machine/equipment value is about $2.8mil.
PLEASE NOTE: Seller is only considering buyers with at least 5 years of construction experience.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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