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Businesses For Sale   >>   Chicago Businesses For Sale   

Excavating Contractors

Location  Chicago, Illinois, United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $2248064
Net Profit / Cash Flow  $287339
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1998
Number of Employees  6 - 9
Inventory  286000
Relocatable  Yes
Number of Employees  6 - 9
Real Estate  Leased
Training  Negotiable.
Reason for Sale  Retirement.

Description  
This company provides a variety of services related to excavation work, while able to function like a general contractor its full line capabilities include construction management and site development while specializing in excavation and underground utility installations. The company performs both earthwork and sewer installations while their competitors only focus on one or the other. This factor provides the company with an extra competitive edge. Serving primarily commercial and industrial clients the company has also established a strong presence in the public sector working for municipalities and school districts. Building on early aggressive growth, the owner has been satisfied to focus on exiting customers for a number of years. There have been no marketing efforts, and the field staff has been kept fairly small. Nevertheless, a solid reputation for expertise, dependability, full service and fairness has insured a steady stream of repeat business, new client referrals, and continued profitability. Since the company is a certified minority business, a portion of their work is obtained at a higher than average profit margin. The company has experienced explosive growth over the past 3 years with projected sales for 2006 to top $4 million. Contact for more information on this Excavating business for sale.


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