INDIANAPOLIS, Indiana
| Asking Price |
$8,950,000 |
Year Established |
2011 |
|
| Annual Revenue |
$10,687,504 |
Reason for Selling |
Retirement planning |
|
| Annual P/L |
$0 |
Attention |
|
|
| Annual Cash Flow |
$2,002,205 |
Listing Number |
1008958 |
|
| # of Employees |
34 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
Established in Central Indiana, this offering presents the opportunity to acquire two highly complementary contracting companies operating as a turnkey excavation and underground utility platform. Serving municipalities, schools, industrial facilities, commercial developers, and general contractors, their diversified customer base and consistent demand have driven a sustained four year growth trend. They provide a full range of services including large-scale site preparation, grading, underground utility installation, and dump truck hauling, primarily within an 80-mile radius of Indianapolis. The operation is supported by a seasoned team of 34 employees, including an experienced General Superintendent, four Foremen, CDL drivers, equipment operators, and an Office Manager, providing an established leadership structure and smooth day-to-day execution. The seller is preparing for retirement and is committed to a seamless transition, offering up to three years of support in addition to carrying 20% of the purchase price. The transaction includes over $2,000,000 in working capital and more than $2,500,000 in equipment and hard assets, making this a wellcapitalized, asset-rich acquisition with immediate cash flow and strong regional market presence. Priced at $8,950,000 the businesses present a rare opportunity for a strategic buyer or entrepreneurial acquirer to take over a turnkey, highly reputable operation with established infrastructure, reliable staff, and significant potential for growth. This business does not utilize any special designations or use the union for labor.
Property Features and Assets:
<p>Assets Included in Purchase: $4,735,537<br></p>
Market Competition and Expansion:
<p>Add ancillary services such as asphalt<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity