Versatile Excavation Company with Over $38M BL!

Not Disclosed, KY
Henderson County


Asking Price: Annual Revenue:
$14,500,000 $23,129,882

Services: Construction, Contractors


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RE: Versatile Excavation Company with Over $38M BL! Broker: Seller of Business
Owner Financing is Available!
15% Seller Financing or Equity Roll available.

Quick Facts

Asking Price: $14,500,000
Annual Revenue: $23,129,882
Net Profit: Not Disclosed
Cash Flow: $4,760,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1972
Employees: 120
BBN Listing #: 684434398
Broker Reference #: CBI030-B

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Business Overview:

With a trained leadership board on staff (9 Superintendents who report to one of the 3 Project Managers) and half of the client pipeline being made up of repeat clients and word of mouth bid invites, this excavation company is ready for a new tenacious owner to step in and continue to grow business. Specializing in performing excavation & utility installation work for road projects, subdivisions, industrial developments, and retail clients, this company currently has $38M+ in backlog, of which $34M is expected to be finished this year. They service commercial and governmental clients in a diverse range of project types. Their services include road projects, paving, developments and subdivisions, large site industrial and retail, excavation, and utility installation. The company also specializes in road and bridge development, municipal developments, as well as commercial lots.

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Property Features and Assets:

4,000 square feet office for $4,000/month which includes 4 ½ acres of land; as well as a 1 ½ acre storage area in VA for $1,000/month.

Reason for Selling:

Aging Owner.

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.

Documents:

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