Price Drop! Excavating Co. with Equipment

Salt Lake City, UT
Salt Lake County


Asking Price: Annual Revenue:
$299,000 $286,144

Services: Construction, Contractors


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RE: Price Drop! Excavating Co. with Equipment Broker: Dan Leroy

Quick Facts

Asking Price: $299,000
Annual Revenue: $286,144
Net Profit: Not Disclosed
Cash Flow: $129,743
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 754257058
Broker Reference #: 35717-950528

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Business Overview:

Price Drop! Excavating Co. with Equipment

This excavation company comes complete with many benefits including; all necessary equipment, transferable customer relationships, a great reputation, and steady work coming in from referrals. The buyer has the option of purchasing 3 acres of fenced storage land in the area that is zoned M-1. The land is currently producing income with storage tenants. The seller is willing to carry a large note on the land for a qualified buyer. The business comes with a long list of assets including 3 main pieces of Caterpillar equipment including a 315, 305, and 303.
With over 20 years of experience in the industry, this company has developed hard to recreate relationships with suppliers and customers. While they can handle a variety of large and small jobs, the business focuses on the following services.

• Basements
• Demolition
• Sewer laterals and repair
• Water mains
There is competition in this field but due to the volume, quality of work, and industry relationships, this company has found a steady niche. Business continues to grow and great customer service helps makes them a stable, profitable company
The market for this kind of work continues to grow in the area. New agreements with builders and plumbers have the potential to increase sales growth dramatically. There is also the possibility of utilizing the model that has made this business profitable and to hire more staff to keep all equipment moving simultaneously.

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Reason for Selling:

Retirement

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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