Refine/Revise Search
Asking Price: $19,250,000

Dirt, Excavation and Road Contractors for Cities

Evansville, IN
Not disclosed

Excavation, Utilities and Infrastructure with a focus on roads and school districts and $21M in WIP. This firm has a diverse list of clients, including Municipalities 36%, State Government 22%, Schools 23%, and Commercial clients 19%. This Civil Contracting Firm performs site prep for Highways, School Districts and Municipalities throughout Virginia, West Virginia and Kentucky. The owner provides general oversight (by preference), which is not a necessity, as owner is 80 years old. He started the firm more than 5 decades ago and is willing to stay for a transition period of 1-2 years post-close. The reason for selling is obviously age. They have an impressive team in place of 120 , including 3 SVP’s that manage all aspects of the company, 8 superintendents, 1 office manager, 1 administrator/billing, and /- 110 laborers. The purchase price includes over $14 million in assets which collateralizes the bank loan! A buyer will receive construction & transportation equipment, office equipment & software, and a working capital! A 3rd party appraisal was completed to verify the value of the assets. The CapEx budget is only $350,000 because there is a surplus of assets with capacity for room to grow. They do not have any MBE, WBE or Veteran status. Priced at $19,250,000, this business is primed and ready for a newowner to step in and enjoy a reputation that has been built over the last 5 decades. As a show of good faith and vested interest in the ongoing success of the company, the owner is willing to carry 15% of the purchase price. The owner could sell the equipment and cash out the A/R for more than the list price, but due to his loyalty and employees in place, he is choosing to sell the business as one cohesive unit so everyone keeps their jobs, and the business can continue to thrive as his legacy.

Read More
Cash Flow $4,049,009
Revenue $30,795,592
$ Owner Financing Available

Asking Price: $4,950,000

Non-Emergency Walk in Urgent Care for Workplace

Elkhart, IN
Not disclosed

Established over 15 years, this non-Emergency walk in urgent care has provided their services to business owners in Indianna with their largest client making up less than 7% of revenue. The services provided include, Work Comp screenings and accidents, treating on the job injuries, DOT physicals, drug testing, and pre-placement screening. Buyer does not need to be a doctor; the owner is in his late 70s and is 100% absentee living in Mexico! Their team of 19 includes 1 Business Development Manager, 3 Providers (Nurse Practitioners), 3 Billing Reps, 10 Medical Assistants, and 2 X-Ray Techs. Included in the purchase, a buyer would be in receipt of 2 vehicles, medical equipment valued at $405,000, plus A/R and unbilled receivables of $1,220,000 which collateralizes the loan at 50%. This practice does not have any hospital affiliations. There is little to no competition in the area, outside of expensive hospitals. A 3rd location is fully equipped and ready to open as soon as the staff is all trained.As a show of good faith and vested interest in the ongoing success of the company, the owner will carry 25%. Boasting a profit margin of 45%, the numbers speak for themselves! Priced at $4,950,000, this business is a passive opportunity with exponential growth opportunities requiring minimal additional resources to be expended.Important Notes:• Elderly Seller with only 2 years of Quick Books. Very unlikely a Quality of Earnings report will be able to be completed.• SBA will only be available if a buyer puts cash down 15%• There is a larger than normal A/R and unbilled Revenue.• The owner is totally absentee, living in Mexico.

Read More
Cash Flow $1,085,419
Revenue $2,185,464
$ Owner Financing Available

loading...
TOP ▲
Add Businesses and/or Franchises
To Basket For Free Information

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.