Underground Utilities, Excavating, Road Work co.

Not Disclosed, FL

Asking Price: Annual Revenue:
$5,020,000 $5,020,095

Services: Construction, Contractors

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RE: Underground Utilities, Excavating, Road Work co. Broker: Jim Parker

Quick Facts

Asking Price: $5,020,000
Annual Revenue: $5,020,095
Net Profit: Not Disclosed
Cash Flow: $1,303,136
Total Debt: Not Disclosed
FF&E: $1,396,936
Real Estate: Not Disclosed
Year Established: 2001
Employees: 22
BBN Listing #: 741735435
Broker Reference #: 411000181

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Business Overview:

This 20-year-old company specializes in underground utilities, excavating, road work and more. In 2020 the company had a historic company high record for revenue. With $3 million in contracts already for 2021, it looks like it will be another record-breaking year. Florida is one of the fastest growing states in the country with retirees and others relocating to the sunshine state. Housing is booming which leads to shopping plazas and other commercial properties being built as well. This company works with home builders, developers, general contractors in the private sector as well as doing work for federal, state and local municipalities. Well trained and experienced employees in place. Value of the equipment to approximately $1.5 million. Equipment is in great shape as they have a full-time mechanic. Company does no marketing or advertising as 80-90% of the clients are repeat or referrals. New ownership could build this solid company even further.DL
Lender Pre-Qualified. Down Payment: 838,800 Loan/Other- Amt: 4,753,100 Mos:120 Rate:6.00 Mo Pmt: 52,769.15

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Reason for Selling:

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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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