Reputable Excavating Contractor
Kalkaska County, MI
Seller Financing Available
Asking Price :
$ 700,000
Cash Flow :
$ 150,000
Gross Revenue :
$ 500,000
Inventory :
N/A
EBITDA:
N/A
Rent:
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: