NOT DISCLOSED, Utah
| Asking Price |
$3,050,000 |
Year Established |
2003 |
|
| Annual Revenue |
$2,265,572 |
Reason for Selling |
They desire to retire and have additional time to pursue other activities. |
|
| Annual P/L |
$0 |
Attention |
Marvin Slovacek |
|
| Annual Cash Flow |
$520,871 |
Listing Number |
1006612 |
|
| # of Employees |
5 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
This business focuses almost exclusively on "road utility adjustments"; essentially the installation/repair/ changing out of water valves, manhole covers and monuments. They have been in business for 23 years and have established themselves as the "go to" company for quality, efficient work. The growth in the area and the unparalleled reputation enjoyed by this company provide a tremendous opportunity for a new owner to greatly expand their presence in the market and increase sales.
Property Features and Assets:
<p>The business is operated from a rented office/storage facility with capacity for storing supplies and equipment.<br></p><p>Assets = $729,130</p>
Market Competition and Expansion:
<p>This company has long-standing relationships with key municipalities and the contractors (typically excavation contractors) working with the government groups. The stellar safety record as well as quality and timely performance history has set this company apart from the competition.<br></p><p>Given the fact that there has been essentially no marketing done or effort made to expand the current business activities, the opportunities for growth are tremendous. Even a modest level of marketing would lead to substantial growth. There is adequate equipment included in the sale to handle growth. Some of the equipment on hand could be applied to additional, related areas of business; with essentially the same clientele currently being served. These additional business opportunities could create a new but related aspects of the business leading to even more rapid growth.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity