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General Business Information
Listing ID:
4110-00181
Listing Type:
Exclusive Right of Sale
Price:
$4,950,000
Down Payment:
$4,950,000
Category:
Construction
Subcategory:
Site Preparation
County:
Withheld
State/Prov:
Florida
Country:
United States
Sales:
$2,978,727
SDE:
$807,923
Description of Business
Established 20 years ago, this successful full-service site development company specializes in underground utilities, grading, excavation, erosion control and road work. They are well equipped to handle any excavation job regardless of size. To keep their equipment in stellar condition they have their own repair shop and an in house mechanic. With an impeccable reputation for completing jobs in a timely and professional manner, 80 - 90% of their business comes from repeat clients and referrals leaving no need for marketing or advertising. Additionally with the steady influx of people moving to Florida, the company is projected to increase revenue year after year.
Their Clientele Includes:
-- Home Builders
-- Developers
-- General Contractors
-- Federal, State & Municipal Authorities
If you have extensive experience in the construction industry and want to start making money the minute your boots hit the ground, let’s talk!
Listing Details
Location:
Withheld
Organization Type:
Sub-S Corporation
Hours of Operation:
Monday - Friday 8am-5pm
Years Established:
2001
Years Owned:
21
Employees FT:
19
Employees PT:
3
Managers:
0
Amount of Hours Owner Works:
25
Is Relocatable:
No
Is Home Based:
No
Is a Franchise:
No
Is Lender Pre Qualified:
No
May Qualify for a Visa:
Yes
Financial Information
INCOME PERIOD, Year
GROSS SALES
– Costs of Goods Sold
= Gross Profit
– Total Expenses
= Net Before Taxes
ADD BACKS
+ Owner(s) Salary
+ Benefits
+ Interest Expense
+ Depreciation
+ Other
TOTAL OWNER BENEFIT
2022
$2,978,727
$0
$2,978,727
$2,363,031
$615,696
$200,000
$51,962
$8,315
$0
$-68,050
$807,923
2021
$3,944,488
$0
$3,944,488
$3,290,629
$653,859
$200,000
$83,455
$5,583
$0
$-56,461
$886,436
2020
$4,503,673
$2,889,994
$1,613,679
$1,880,675
$-266,996
$210,000
$309,219
$22,038
$848,712
$-44,188
$1,078,785
Assets Included in Sale
Real Estate:
$0 Not Included
Accounts Receivable:
$0 Not Included
FF+E:
$1,396,936 Included
Inventory:
$0 Not Included
Total Assets Included:
$1,396,936
Lease Information
Monthly Rent:
$6,500
Expiration Date:
2025-12-31
Square Footage:
6,000
Terms and Options:
1-five year
Building Type:
Warehouse
Summary
Reason for Sale:
Discuss with the seller.
Training and Support:
The seller will assist the new owner in a two week acclimation period at no cost.
Non Compete:
Fifty miles for 3 years.
Owner Qualifications:
Florida Underground Utility & Excavation Cont./fire cont. The ideal buyer for this business will have extensive construction experience.
For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER
General Business Information
Listing ID: 4110-00181
Listing Type: Exclusive Right of Sale
Price: $4,950,000
Down Payment: $4,950,000
Category: Construction
Subcategory: Site Preparation
County: Withheld
State/Prov: Florida
Country: United States
Sales: $2,978,727
SDE: $807,923
Description of Business
Established 20 years ago, this successful full-service site development company specializes in underground utilities, grading, excavation, erosion control and road work. They are well equipped to handle any excavation job regardless of size. To keep their equipment in stellar condition they have their own repair shop and an in house mechanic. With an impeccable reputation for completing jobs in a timely and professional manner, 80 - 90% of their business comes from repeat clients and referrals leaving no need for marketing or advertising. Additionally with the steady influx of people moving to Florida, the company is projected to increase revenue year after year.
Their Clientele Includes:
-- Home Builders
-- Developers
-- General Contractors
-- Federal, State & Municipal Authorities
If you have extensive experience in the construction industry and want to start making money the minute your boots hit the ground, let’s talk!
Listing Details
Location: Withheld
Organization Type: Sub-S Corporation
Hours of Operation: Monday - Friday 8am-5pm
Years Established: 2001
Years Owned: 21
Employees FT: 19
Employees PT: 3
Managers: 0
Amount of Hours Owner Works: 25
Is Relocatable: No
Is Home Based: No
Is a Franchise: No
Is Lender Pre Qualified: No
May Qualify for a Visa: Yes
Financial Information
INCOME PERIOD, Year: 2022
GROSS SALES: $2,978,727
– Costs of Goods Sold: $0
= Gross Profit: $2,978,727
– Total Expenses: $2,363,031
= Net Before Taxes: $615,696
ADD BACKS
+ Owner(s) Salary: $200,000
+ Benefits: $51,962
+ Interest Expense: $8,315
+ Depreciation: $0
+ Other : $-68,050
TOTAL OWNER BENEFIT: $807,923
INCOME PERIOD, Year: 2021
GROSS SALES: $3,944,488
– Costs of Goods Sold: $0
= Gross Profit: $3,944,488
– Total Expenses: $3,290,629
= Net Before Taxes: $653,859
ADD BACKS
+ Owner(s) Salary: $200,000
+ Benefits: $83,455
+ Interest Expense: $5,583
+ Depreciation: $0
+ Other : $-56,461
TOTAL OWNER BENEFIT: $886,436
INCOME PERIOD, Year: 2020
GROSS SALES: $4,503,673
– Costs of Goods Sold: $2,889,994
= Gross Profit: $1,613,679
– Total Expenses: $1,880,675
= Net Before Taxes: $-266,996
ADD BACKS
+ Owner(s) Salary: $210,000
+ Benefits: $309,219
+ Interest Expense: $22,038
+ Depreciation: $848,712
+ Other : $-44,188
TOTAL OWNER BENEFIT: $1,078,785
Assets Included in Sale
Inventory: $0 Not Included
FF+E: $1,396,936 Included
Accounts Receivable: $0 Not Included
Real Estate: $0 Not Included
Total Assets Included: $1,396,936
Lease Information
Monthly Rent: $6,500
Expiration Date: 2025-12-31
Square Footage: 6,000
Terms and Options: 1-five year
Building Type: Warehouse
Summary
Reason for Sale: Discuss with the seller.
Training and Support: The seller will assist the new owner in a two week acclimation period at no cost.
Non Compete: Fifty miles for 3 years.
Owner Qualifications: Florida Underground Utility & Excavation Cont./fire cont. The ideal buyer for this business will have extensive construction experience.
LISTING BROKER