Asking Price:$3,500,100 Cash Flow:$897,010
Gross Revenue:$5,383,981
EBITDA:N/A
FF&E:$2,500,000
Inventory:$50,000
Real Estate:$1,600,000*
Established:1988
*not included in asking price.
Business Description
This thirty year old premier commercial and residential contractor specializes in site work for developers including demolition, excavation, grading and concrete work including foundations in posh city neighborhoods. This company also provides landscape services for commercial and residential customers. The company has grown over the years because of its reputation for quality and service as well as a great team of professionals.
They do commercial, municipal and residential work in Chicago and suburbs for over 30 years. While the business benefits from repeat and referrals, it is not dependent on one or a few customers. There is more work available than the company chooses to handle. According to the owner there is lots of upside here. There is no active marketing or advertising done, and they do not have a web site.
The Business currently has $1.5 Million in work backlog and is very busy.
Please call:
Next Level Business Advisors
847.461.3222 ext 201
Detailed Information
- Inventory:
- Included in asking price
- Real Estate:
- Owned
- Not included in asking price
- Building SF:
- 21,000
- Employees:
- 25 FT
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- The Business has a 21,000sq’ facility located on two acres of land in an exceptionally desirable area, close to expressways. The real estate is listed separately for $1.6 Million. The owner would prefer to keep the real estate and lease it to a new owner
- Competition:
- There are certainly other excavating and road building companies. This one is known for its quality work, efficient productivity and great reputation. This is one of the leading excavating companies in the state.
- Growth & Expansion:
- There is no active marketing or advertising done, and they do not have a web site. There is more work available than the company chooses to handle. The business currently does not do utility work.
- Financing:
- Seller may provide some financing for a qualified buyer
- Support & Training:
- The owner will assist in the transition of the business
- Reason for Selling:
- Owner wishes to retire