Commercial & Residential Excavation Company

Listing ID: 700365487

Listing Title: Commercial & Residential Excavation Company

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Industry: Business Services

Industry Segment: Construction

Country: United States

State / Province: Florida


City: Florida East Coast

Asking Price Range: $5.0M - $10.0M

Gross Revenues: $3,499,250

Cash Flow: $1,226,828

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2004

Number of Employees: 10 - 19

Business Description:
17 year established Full Service Commercial and Residential Excavation Company focusing on lot clearing, grading, fill dirt delivery, and removal of unsuitable materials. The company enjoys a strong reputation and is in the top 5% of its field consistently delivering quality on-time work for all of its customers. The Company currently does not advertise and relies solely on repeat and referral of customers which approximately 80% of its annual revenues are generated from repeat business. The introduction of a strategic marketing campaign would benefit the company greatly by exposing it and creating awareness of the marketplace as a whole and generate new clients. The residential sector continues to boom based on a home building explosion due to the high demand of rapid relocation of families to Florida from other parts of the country. The Seller has several decades of industry experience and is now ready to slow down. The Company would benefit greatly by a new owner with a background in Excavation and Trucking, or a General Manager that could be hired to perform these functions within the company. The Company has long-standing established relationships with its vendors and customers. The company's customers are some of the biggest name brands in home building with excellent reputations ensuring a strong pipeline of work for the foreseeable future with no end in sight. The Company currently has 15 Employees working full time which consist of Skilled Equipment Operators with typically 5 years of experience and the company enjoys a low rate of turnover with its Employees. The current premises of the company are in like-new condition and ideal for the operations of the company complete with office space, warehouse storage, and a secure yard for equipment and vehicles. These premises are owned by the Company and are available for lease at an agreed-upon Fair Market Rent Rate. Please refer to listing # 2301740416 and ask for business broker ANTHONY GERONIMO when inquiring

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