Established Excavating Business
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $308000
Net Profit / Cash Flow $111290
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1999
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Other business interests.
Description This excavating company for sale has enjoyed strong business in the tough economy of 2008 and 2009, and it is well-positioned for future growth. For 10 years the current owner has provided licensed septic system installations, drainage systems, foundations, grading, trenches, topsoil, mulch, stone, sand, fill and snow removal. The business has established relationships with the largest local plumber as well as several other local contractors. Although the business has minimized its landscaping service, it can be easily expanded for additional sales. More importantly the local government has passed a septic management ordinance that requires pumping of all septic systems, which provides an immediate opportunity for future growth. The price includes $275,000 of equipment with many of the major items (excavators, loader and trucks) purchased brand new in 2007 and 2008. The business is operated from home with an equipment yard on the property. The home and property are also available at an additional cost of $375,000. This is an excellent opportunity for either an experienced machine operator or someone with an aptitude for estimating and supervising a larger crew. Act now by making your inquiry to learn more about this great business!
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