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Leading Excavation Contractor In Nv
Location: United States -> Nevada -> Reno
Industry: Business Services > Construction




Business Summary

The Company is an established and respected Business that specializes in excavation services working primarily with residential Homebuilders and small commercial Developers. The Company has impressive margins well above the standards for the market and is poised for continued growth in one of the most dynamic housing markets in the United States.

The Company's revenue is well diversified across multiple homebuilding companies such as Toll Brothers, Tanamera Construction, Realm Constructors, Tim Lichty Construction, Built Construction, DA Builders, JCS Construction, TKR Construction, KDH Builders, GuiDenby, to name several of the more prominent relationships the Company maintains. The Company attributes its impressive growth to the quality of its work and the skill and respectfulness of its employees, as well as the Company's image as a professional and responsible company.

The Business operates out of an 800 SF shop and approximately 1,600 SF of office with 21 employees, of which more than 19 are in the field, with one office manager in the office together with a VP of sales (who is an independent Contractor). The Company has a well experienced foreman running the Production projects while the Owner/President is running the Custom side.

The Company has experienced sustained growth over the last several years with no end in that growth foreseen. Sales in 2022 are again expected to grow 25% over of sales in 2021 (to about 4.2MM) with much of this revenue already under contract with various Homebuilders in the residential sector and from one of the largest builders in the nation, as well as with a surplus of custom homes on the schedule. Given the high demand for its services, the Company has been able to sustain its operating margin throughout its rapid growth and last year (2021) saw further expansion of its net operating income margin at a time when the home construction industry in general has experienced a great deal of margin pressure.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $3,398,196
Cash Flow:   $1,283,242
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,500,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2017
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased

About The Sale

Reason For Selling:  Personal




Print Listing Id: 700375262
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Also See: Franchise Opportunities > Franchise Resales > Nevada Businesses For Sale > Nevada Franchises For Sale > Nevada Business Brokers



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