Site Prep, Underground Utilities, Excavation Business

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

James Parker

James Parker
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.