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Reputable Excavating Contractor

Kalkaska County, MI
Reputable Excavating Contractor

Seller Financing Available

Asking Price : $ 700,000    
Cash Flow : $ 150,000    

Gross Revenue : $ 500,000    
Inventory : N/A    
FF&E: $ 225,000    
Year Started: 2006    

Business Description

Check out this great little company with a long history of servicing the oil and gas industry. They have focused on doing a lot of oil field work because they have long standing relationships with those guys, some companies they have been working with for over 20 years and the oil industry pays really well. In addition to their primary commercial focus, they also do a lot of residential work too. They get jobs to do things like basements, septic systems, and driveways, however they also do other commercial work like gas stations and car washes. In addition they offer a complementary service which is the hydroseeding side of the business.

This is a turn-key business that comes with about a quarter million dollars worth of equipment which includes two 10 yard dump trucks, 10 ton tagalong trailer, 20 ton tagalong trailer, John Deere 120 excavator, two John Deere 310 4x4 backhoes, 450 John Deere dozer, 2 ton chevy 5500 4x4, 5 yard dump- with blades for plowing, compactors, generators, pumps, and chainsaws.

Very stable 2nd generation business that the owner acquired from his father. The current owner is now ready to retire and looking to pass the business on to a new person who can come in and take the business to the next level. He is willing to stay on for up to a year if needed and he will consider doing some owner financing. The real estate can be purchased separately.

Detail Information

Location: Kalkaska County, Michigan

Inventory : Not Included in asking price

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Real Estate For Sale

Building SF : N/A

Real Estate Value: $ 140,000

Is Real Estate Included in Asking Price?: Not


Employees: 2

Year Established: 2006

Reason for Selling: Retiring


Financing Available?: Yes

Financing:

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