Heavy Excavating Company

Heavy Excavating Company

Great Road Construction Clients

Description: http://imavex.vo.llnwd.net/o18/clients/fixedfee/images/medical.jpgWestern Indiana
Listing Number:
 2302

Financial Information

Asking Price: $1,100,000
Real Estate: Leased Space
Gross Revenues: $1,480,716
Cash Flow: $366,403

Business Description

Established in 1992, this company specializes in heavy excavating and civil construction with a focus in road construction. The business maintains an excellent fleet of earth moving and grading equipment. The current level of equipment could support double the revenue. The business bids on contracts and low bid usually gets the contract. There is ample room to take on more road work and could move into private industry also.

General Information

Facilities: The business leases a 6,000 sq ft shop and a 5,000 sq ft warehouse / office all at one location.  There is currently a month-to-month lease in place, but the landlord will sign a long term contract if desired.Growth & Expansion: The company has identified a few key initiatives that will increase gross revenue by approximately 15% in 2014 and beyond.

Employees: 8

Financing: Seller will consider financing a small portion of the transaction.

Support & Training: The seller will provide necessary support and training.

Reason Selling: Retirement

Contact Information


Contact:
 Troy Frank
Phone: 317-333-6655 x 101

 

Indiana Equity Brokers
5750 Castle Creek Parkway, Suite 275, Indianapolis, IN 46250
Tel: 317-333-6655    Fax: 317-333-6654
info@indianaequitybrokers.com

 

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